Shelby Companies completed the acquisition of a 45.64% stake in Birmingham City.

Shelby Companies, a group led by Tom Wagner, completed the acquisition of a 45.64% stake in Birmingham City, a professional football club based in Birmingham, England. Financial terms were not disclosed. “This is an exciting day for everyone associated with Birmingham City Football Club, especially the fans. It marks the beginning of a new chapter. From this moment on everything we do will be focused on improving the experience for our fans and making a positive contribution to growth of the city of Birmingham and how it is viewed around the world," Tom Wagner, Knighthead Co-Founder and Co-CEO.