On the afternoon that the Birmingham City team lifted the trophy for winning the third tier of English football last month, the co-owner Tom Wagner took to the pitch to address the crowd.
“I promise you this is not the best day that we will enjoy together,” said Wagner, a former Goldman Sachs trader. “This is not even fucking close.”
The success means that Birmingham will play in the Championship next season, one level below the big money of the Premier League. But winning football matches is only part of the investment case for Wagner.
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