Birmingham City revealed the specifics of a major £3 billion makeover, and they vowed to make a comeback to the big time.

The struggling team, which is presently in the Championship relegation zone, has revealed a five-year plan to completely revamp the Second City.

The owners of the team, Knighthead Capital, have announced a radical revitalization of Brum’s east side, outlining their plans for the future. On Monday night, the American investment business verified the acquisition of 48 acres that had housed Birmingham Wheels, a shuttered go-karting facility.

And they promptly announced their intentions to relocate their team to a sports district, which they hope will elevate the Blues to the top of the English football hierarchy.

Co-owner of Knighthead Capital and club chairman Tom Wagner stated: “You have to get a sense as to the full concept to appreciate why we are doing this. This is about a sports quarter, not just a stadium.

What does that signify, exactly? It includes a stadium, an academy, a training facility for both the men’s and women’s teams, and other entertainment possibilities all in one place. We already have a large number of incoming inquiries.

“We have invested in a few interesting enterprises that may contribute to this; I can envision hotel, restaurant, and entertainment concepts as well as eatertainment.” Past that, there’s development, which would eventually involve building some homes, which we might do at St Andrew’s.

The fact that this location is conveniently close to the city center by foot is unique. Nobody other can make the claim that they have combined the stadium, academy, and entertainment venues into one area that is easily accessible by foot from the city center.

Tom Wagner

Tom Wagner has revealed his lavish Birmingham City supporters.

Wagner expressed his hope that the project will be finished in five years, although he also acknowledged that this could be overly optimistic.

“The entire investment is between £2 and £3 billion,” he continued. I’m not sure how soon we can follow it up. That should be possible to complete immediately, I hope. Pushing this out of the gates is the aim. In a perfect scenario, we’d like to finish this in five years. That’s what I will continue to say. It will actually be eight years if I say “six or seven years.”

“The official planning procedure is underway right now. Later this week, I have meetings in London to start some of the more intricate procedures.

“A large portion of our work involves making sure that the structures we construct are acceptable and mindful of the club’s past and the surrounding neighborhood. Upon completion, we want it to be the best in the class.

“We can incorporate what we are putting together here and learn from other stadiums and mixed entertainment venues throughout the world.”

Birmingham City chairman Tom Wagner, CEO Garry Cook and co-owner Tom Brady celebrate the win in the stands at St. Andrew's

Tom Brady, a co-owner, CEO Garry Cook, and chairman Tom Wagner of Birmingham City(Photo: PA Wire/Mike Egerton)

The player’s performance on the field determines the final return. We wouldn’t pursue this if we didn’t believe it would improve the team’s performance on the field. How does the club benefit from an infrastructure investment? Read about the benefits of investing in Tottenham for that team. That has a direct impact on their capacity to bring in superior players.

“More revenue helps fund player quality, but it also contributes to a better fan experience. If your supporters have a positive experience, they will visit more frequently, spend more money, and feel better about their own investment.