Birmingham City owners Tom Wagner and Tom Brady ‘days away’ from potential £514m deal

Birmingham City owners Tom Wagner and Tom Brady ‘days away’ from potential £514m deal

It is anticipated that Tom Brady and Tom Wagner’s minority ownership purchase of the Las Vegas Raiders would be

approved.

By the end of the week, it should be verified that Tom Brady, a part-owner of Birmingham City, is a minority owner

of the Las Vegas Raiders of the National Football League.

When Knighthead Capital Management and its founder, Tom Wagner, bought a controlling share in the Blues in

August of last year through one of its subsidiaries, Shelby Companies Limited, the 47-year-old NFL veteran obtained

a 3.3% stake in the team.

The former New England Patriots great holds some 333 of Class B shares and has no voting rights.

According to an interview with The Telegraph last month, Wagner’s grand plan is to lead Blues to the Premier League

by 2026 and establish a cross-city derby rivalry with Aston Villa that rivals that of the two biggest Manchester clubs,

United and City. As a result, success on the pitch is expected to be the catalyst for the club’s value to rise significantly,

which could provide Brady with a sizable return in the future.

But according to CBS News in America, Brady is already aiming for another athletic asset. He just purchased a 10%

minority ownership in the Las Vegas Raiders NFL team, which is expected to be approved in the next few days.

It would be a move that further strengthens his relationship with Wagner, who will be joining Brady in being part-owner of the team, which relocated to Las Vegas in 2020 from Oakland, California, to bring Nevada its first

professional NFL team.

The NFL’s financial committee determined that the 10% sale to Brady and Wagner by current Raiders owner Mark

Davis was too much of a discounted price, which is why the agreement has been delayed for over a year. As a result,

the two will need to spend millions of additional dollars to finalise the deal. The Raiders are currently the eighth

most valued NFL team, according to Forbes, with a valuation of approximately $6.7 billion (£5.1 billion) as of August

2024. 10% of that valuation is roughly $670 million (£514 million).

Brady was most recently there at St Andrew’s when the Blues defeated Wrexham, another team vying for promotion

from League One, 3-1 in front of a sizable home crowd that included David Beckham.

Brady’s investment in Birmingham City gives him no voting rights, but as a member of the team that acquired the

team, he has the responsibility of greatly increasing the club’s global reputation, with a particular emphasis on the

growing US market.

Brady will just be the third player in NFL history to transform into a club owner if his deal is approved.

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