Birmingham City’s owners explore moving into rugby union and buying Prem franchise
Guardian Sport
by Exclusive by Matt HughesFebruary 26, 2026
RFU due to confirm shake-up of rugby’s top division
Knighthead Capital Management in early discussions
Birmingham City’s owner, Knighthead Capital Management, is among a number of American investors exploring the purchase of potential new franchises in Prem Rugby before a radical shake-up of the sport due to be ratified by the Rugby Football Union on Friday.
The RFU council will vote at Twickenham on proposals to ringfence the 10-team Prem with no promotion or relegation until 2030, when a staged expansion is planned, beginning with the addition of two more teams.
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Originally published on Guardian Sport on 2/26/2026