Birmingham City handed £16m takeover boost as documents filed

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Birmingham City handed £16m takeover boost as documents filed
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Football Insider has learned that new Birmingham City owner Tom Wagner has injected £16milion into the club through a new share issue.

, the new club owner reassured fans that investing in infrastructure remains part of their long-term plans.

“We plan to work in partnership with the City Council to explore all options available to us to transform our physical infrastructure. Regardless of what the future holds, St. Andrew’s will remain part of our community, and our history,” said Wagner. Repair work has been ongoing at St Andrew’s throughout the summer after the stadium was forced to run at a reduced capacity due to asbestos damage.estimate that the Blues lost as much as £1million in gate receipts because of the repair work at the stadium.that talks have even been held about potentially building a new stadium for the club nearby.

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