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Knighthead Secures Political Backing for £3bn East Birmingham Sports Quarter

Deputy PM Angela Rayner signals potential government funding for transformative development during real estate forum.

Overview

  • Knighthead Capital Management plans a £3 billion Sports Quarter in East Birmingham, anchored by a 62,000-seat stadium and year-round mixed-use facilities.
  • Deputy PM Angela Rayner expressed alignment with the project's ambition, suggesting potential inclusion in the upcoming government Spending Review.
  • The development hinges on critical infrastructure upgrades, including expansion of Adderley Park station and a tramline extension to improve connectivity.
  • Knighthead has acquired over 60 acres of land through special-purpose vehicles, with plans to address local poverty and create jobs in one of the UK's most deprived areas.
  • A formal update on the project’s progress will be delivered by Birmingham City’s head of infrastructure, Nick Smith, on June 11, 2025.