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Knighthead Capital Management have confirmed that they have acquired the remaining shares in Birmingham City from ZO FUTURE GROUP, formerly known as Birmingham Sports Holdings.

The American investment firm gained control of Blues in 2023 with a 45 per cent stake in the club with the idea of completing a full purchase in time.

Blues have now confirmed that deal has gone through and that Knighthead have purchased the 51 per cent stake owned by ZO FUTURE GROUP to end their association with the club.

Blues chairman Tom Wagner said: “This transaction is another important milestone for Knighthead and Birmingham City Football Club. Transformation has taken place across every aspect of the club’s operations since our initial investment and it’s just the beginning.

"Later th

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