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Top 3 wrexham afc News Today

#1
What does Apollo’s investment in Wrexham mean? Why have they also got public funding?
#1 out of 3
sports2m ago

What does Apollo’s investment in Wrexham mean? Why have they also got public funding?

  • ASC buys a minority stake in Wrexham AFC to help fund the Kop stand as part of the club’s regeneration plan.
  • The deal values Wrexham at about £350 million and places ASC on the board as part of the ownership group.
  • Construction of the Kop is moving into the building phase with a target completion in early 2027.
  • Public funding for the project totals about £18 million in grants from Welsh government via the council, now under scrutiny for non-repayability.
  • The Wrexham Gateway aims to transform the area around the stadium and create jobs and economic activity.
  • Apollo’s involvement follows a pattern of American investment in European clubs, similar to Atletico Madrid changes ASC recently backed.
  • Apollo’s investment is to primarily support stadium redevelopment rather than boost on-field spending.
  • Wrexham hopes the improved stadium will meet UEFA Category 4 standards for international fixtures.
  • Wrexham’s owners Reynolds and Mac aim for long-term growth, with investor support helping to fund the stadium and broader project.
  • The Kop rebuild may influence future public funding decisions and perceptions of government support for sport.
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#2
Wrexham on TV! Phil Parkinson's side's clash with Nottingham Forest selected for live coverage | Goal.com UK
#2 out of 3
sports1d ago

Wrexham on TV! Phil Parkinson's side's clash with Nottingham Forest selected for live coverage | Goal.com UK

  • Wrexham's FA Cup third-round tie against Nottingham Forest will be shown nationwide on TNT Sports, signaling a major broadcast moment.
  • The game is set for January 9 at the Racecourse Ground with a 7:30 pm GMT kickoff.
  • The fixture marks another milestone in Wrexham's rise under current ownership, entering the FA Cup at this stage for the first time in 43 years.
  • The match will feature narrative angles, including Phil Parkinson facing Premier League opposition.
  • The potential inclusion of Wrexham-born Wales international Neco Williams in Forest's traveling squad adds local interest.
  • Wrexham aims to extend their FA Cup run beyond the fourth round under coach Phil Parkinson.
  • The FA Cup tie offers substantial prize money and broader exposure for Wrexham.
  • Goal.com notes the match as part of Wrexham's ascent during the 'Hollywood era' and their climb to the Championship.
  • The article mentions significant national interest in the match due to Wrexham's rising profile.
  • The broadcast confirmation comes ahead of the January 9 kickoff at 7:30 pm GMT.
  • The matchup is described as a nationally televised showdown with significant attention on Wrexham's progress.
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#3
Schmaltz, theatre and sharp teeth: Wrexham reveal the hard truth about football | Barney Ronay
#3 out of 3
sports1d ago

Schmaltz, theatre and sharp teeth: Wrexham reveal the hard truth about football | Barney Ronay

  • Wrexham’s ownership expanded with a minority stake sale to Apollo Sports Capital, underscoring private equity’s growing role in the club.
  • The article links the funding to a broader trend of football clubs becoming global entertainment ventures financed by hedge funds.
  • The Guardian questions whether Welsh public funds should subsidize a club now partly owned by US financiers, given broader NHS and infrastructure concerns.
  • The piece argues Wrexham’s growth may bring social benefits and tourist activity to the town, despite moral questions about funding.
  • The article frames Wrexham as part of a wider shift where football is a television product, not just a sport.
  • Apollo Sports is described as a legitimate fund that has purged itself of its founder’s problematic ties, according to the analysis.
  • The article notes Wrexham spent about £40m over five seasons, the largest net spend of any Championship club that summer.
  • The analysis emphasizes public regulators should scrutinize such deals as part of ensuring accountability in these arrangements.
  • The piece describes Wrexham as an example of capital markets intersecting with local culture and identity.
  • The article argues that the town’s new role as a tourist hub stems from the club’s rising profile and investment.
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