🎥⚽ Wrexham AFC have hit financial headlines! Co-owners Ryan Reynolds and Rob McElhenney continue to break records, with the club boasting a jaw-dropping £33.3 million turnover for the 2024/25 season. But it’s not all rosy; Reynolds saw a £15 million dip due to soaring operational costs. Despite this, the club remains ambitious, eyeing sustained sporting success and top-tier promotions.
Here’s the buzz: 57% of Wrexham’s revenue now flows in from abroad, with North America leading the charge. The club’s wage bill rocketed up by 74% to £19.9 million, owing to promotions and salary hikes. Reynolds’ and McElhenney’s companies were paid £3.9 million for their sponsorship efforts.
Wrexham’s savvy commercial moves have already led to a 31% boost in sponsorship revenue, thanks in part to their popular “Welcome to Wrexham” documentary that’s preparing for a fifth season. While the documentary itself doesn’t bring direct cash, it serves as a fantastic global marketing platform for the club.
Challenges persist, though. They’ve faced hits like a £3.8 million payout due to the insolvency of a UK currency brokerage—funds that are hopefully to be retrieved soon. However, Wrexham also saw a £27.5/ million debt clean-up thanks to fresh investment from Apollo Sports Capital.
On the ground, exciting developments are underway, with plans for a new 7,500-seat Kop Stand to boost the Racecourse Ground’s capacity to over 18,000 seats. This expansion, with £17 million in Welsh Government funding, promises even more thrilling matchday experiences.
⚽ Currently, Wrexham sit seventh in the league table with 63 points, alongside Southampton. The dream? A historic fourth promotion to the Premier League! Here’s hoping the journey continues to thrill and inspire.
Stay tuned for the latest updates and let’s hear your thoughts on Wrexham’s incredible journey! 📣👇 #WrexhamAFC #RyanReynolds #RobMcElhenney #FootballMagic