Tom Wagner (financier)

Tom Wagner
Born
Thomas Allen Wagner III[1]

July 1969 (age 56)[2]
EducationVillanova University[3]
Columbia Business School[3]
OccupationFinancier[4]
Known forCo-founder of Knighthead Capital Management[3]
Co-owner – Birmingham City
Incumbent
Assumed office
13 July 2023[4]

Thomas Allen Wagner III (born July 1969) is an American financier who is best known as the co-founder and co-CEO of Knighthead Capital Management.[3][4]

He is also the current co-owner and chairman of association football club Birmingham City.[4]

Career

Education

Wagner graduated from Villanova University in 1992 with a Bachelor of Science in Accounting. He later graduated Beta Gamma Sigma from Columbia Business School in 1999.[3][5]

Knighthead Capital Management

In 2008, he co-founded Knighthead Capital Management LLC alongside Ara Cohen.[3][6] The company is an investment firm that specialises in "fundamental analysis, operational and financial turnarounds and risk management".[7]

Birmingham City

On 13 July 2023, Shelby Companies Limited (SCL), a subsidiary of Knighthead, became co-owners of association football club Birmingham City.[4] SCL currently own 96.64% of the EFL Championship side.[8] As a result of the takeover, Wagner became the club's chairman.[8] A month later, on 3 August 2023, former NFL player Tom Brady "entered a partnership" with SCL as a minority owner of Birmingham City.[9]

Since the takeover, plans to replace the club's current home of St Andrew's have been in the works. On 9 April 2024, SCL acquired a plot of land in Bordesley Green to use for a new stadium.[10][11] The proposed New Birmingham City Stadium will host 62,000 spectators and be surrounded by a "Sports Quarter", which will be used by all of the club's teams.[12][13] The project has an optimistic completion date of 2029.[14]

Despite relegation from the EFL Championship in Wagner's first season at Birmingham City,[15] the club was promoted straight back up as champions of EFL League One the following year.[16]

Las Vegas Raiders

In May 2023, Wagner and retired quarterback, Tom Brady, entered into an agreement to purchase 10 percent of the Las Vegas Raiders from majority owner Mark Davis.[17] The original deal was delayed due to concerns from NFL owners that Brady and Wagner were receiving too big a discount.[18][19] In October 2024, a revised agreement was approved by NFL owners, with Wagner and Brady purchasing a five percent stake in ownership for a total of $220 million.[17][20]

Personal life

On 11 February 2026, Birmingham City revealed that Wagner had suffered a stroke. The announcement said that as part of his recovery he would be "stepping back" from day-to-day involvement at the club for the time being.[21][22]

References

  1. ^ "Tom Wagner - almajir.net". almajir.net. Retrieved 18 April 2025.
  2. ^ "Thomas Allen WAGNER". gov.uk. Retrieved 18 April 2025.
  3. ^ a b c d e f "Team - Knighthead Capital Management". Knighthead Capital Management. Retrieved 18 April 2025.
  4. ^ a b c d e "Birmingham City: Shelby Companies Limited completes takeover". BBC Sport. 13 July 2023. Retrieved 18 April 2025.
  5. ^ "How exactly did Birmingham City's owner Tom Wagner make his cash?". FootballLeagueWorld. 16 February 2025. Retrieved 18 April 2024.
  6. ^ "Who is Tom Wagner? The man behind Birmingham City takeover". Birmingham Mail. 21 April 2023. Retrieved 18 April 2025.
  7. ^ "Profile - Knighthead Capital Management". Knighthead Capital Management. Retrieved 18 April 2025.
  8. ^ a b "Birmingham City Football Club - Board Management". Birmingham City F.C. Retrieved 13 February 2026.
  9. ^ "Tom Brady: NFL legend becomes minority owner of Birmingham City". BBC Sport. 3 August 2023. Retrieved 18 April 2025.
  10. ^ "Birmingham City owners complete purchase of new stadium site". BBC Sport. 9 April 2024. Retrieved 18 April 2025.
  11. ^ "Knighthead acquires 48-acre in East Birmingham". Birmingham City F.C. 9 April 2024. Retrieved 18 April 2025.
  12. ^ "How Birmingham City, Luton Town and Oxford United's new stadiums will all compare in size". FootballLeagueWorld. 7 April 2025. Retrieved 18 April 2025.
  13. ^ "Birmingham City new stadium - what the Sports Quarter could look like and Tom Brady effect". Birmingham Mail. 9 April 2024. Retrieved 17 April 2025.
  14. ^ "Tom Wagner reveals timeline for new Birmingham City stadium as Knighthead pledge billions". Birmingham Mail. 9 April 2024. Retrieved 18 April 2025.
  15. ^ "Birmingham City 1-0 Norwich City". BBC Sport. 4 May 2024. Retrieved 18 April 2025.
  16. ^ "Birmingham win League One title after Wrexham draw". BBC Sport. 12 April 2025. Retrieved 18 April 2025.
  17. ^ a b "Tom Brady's 5 percent stake in Raiders unanimously approved". reuters.com. 15 October 2024. Retrieved 12 November 2024.
  18. ^ Novy-Williams, Even (8 February 2024). "Tom Brady's Raiders Deal Revised Upwards to Match 2023 Transaction". sportico.com. Retrieved 12 November 2024.
  19. ^ Maske, Mark & Jhabvala, Nicki (5 October 2023). "Tom Brady's deal to become Raiders part-owner stalled over price discount". washingtonpost.com. Retrieved 12 November 2024.{{cite web}}: CS1 maint: multiple names: authors list (link)
  20. ^ Golden, Jessica; Ozanian, Michael (15 October 2024). "Tom Brady and partner Tom Wagner to pay over $200 million for stake in Las Vegas Raiders". CNBC.com. Retrieved 10 September 2025.
  21. ^ "Club Update - Tom Wagner". Birmingham City F.C. 11 February 2026. Retrieved 13 February 2026.
  22. ^ Winter, Alex (11 February 2026). "Birmingham owner Wagner recovering from stroke". BBC Sport. Retrieved 13 February 2026.
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