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Apollo Sports Capital Takes Minority Stake as Wrexham Pursues Premier League Goal

Apollo Sports Capital joins Wrexham as minority investors backing the club’s Premier League ambition

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Wrexham have announced a new minority investment from Apollo Sports Capital (ASC) as the club continues its long-term objective of reaching the Premier League. BBC report the stake is thought to be less than 10%, leaving Ryan Reynolds and Rob McElhenney as the majority shareholders and controlling owners of the oldest club in Wales. The two Hollywood stars purchased Wrexham back in 2020 and have led the once forgotten side from the National League to the Championship.

“From day one, we wanted to build a sustainable future for Wrexham Association Football Club. And to do it with a little heart and humour,” Reynolds and McElhenney said in a joint-statement.

“The dream has always been to take this club to the Premier League while staying true to the town. Growth like that takes world-class partners who share our vision and ambition, and Apollo absolutely does. We have known Al Tylis, the CEO of Apollo Sports Capital, for many years and are thrilled to now have ASC join the Wrexham family as we take the next step forward together.”

Al Tylis, Reynolds and McElhenney also hold minority stakes in Liga MX side Necaxa and Colombian side La Equidad. The broader investor group includes Eva Longoria, two-time World Series champion Justin Verlander and his wife, Kate Upton.

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On the field, Wrexham are in their first Championship campaign in 43 years and currently sit 12th in the standings through 19 games. Phil Parkinson’s men are just three points off the playoff places, helped by a nine-game unbeaten streak in England’s second-tier.

“Wrexham is on an incredible journey, and we are thrilled to be a part of it and to support the club, the Wrexham community and Rob and Ryan,” said Apollo Partner and ASC Co-Portfolio Manager Lee Solomon.

“This is a multi-faceted investment where Apollo Sports Capital can provide long-term, patient capital to help Wrexham reach its goals and to contribute to the ongoing revitalization of the facilities and local economy.”

Securing a place in the Premier League seemed impossible for the Red Dragons just four years ago, and yet now, they are closer than ever before, with new financial backing to help them along the way.

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Championship

Reynolds: Wrexham Should Set Sights on the Premier League

Ryan Reynolds says Wrexham should aim for the Premier League and praises Phil Parkinson’s work. More

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Ryan Reynolds, co-owner of Wrexham, has publicly endorsed the club’s aspirations to reach the Premier League, arguing that it would be “foolish not to aim” for the top flight. Speaking ahead of the Welsh derby, a match he and Mac commentated, Reynolds reflected on the rapid ascent of the club and the long-term target.

On Sky Sports he said: “You have high expectations in long term, but our goal was to listen and learn and at that point, you don’t know what you’re saying, if that’s just going to sound preposterous or naive.” He added: “But our goal was always the Premier League. I mean, we’d be foolish to not aim for that. I didn’t think we would be here this quickly; however, sometimes the ball bounced our way. Other times, this team’s grit, determination and character is what really kind of pushed them across, even more so than just skill.”

After securing an automatic bid to the Championship for the 2025–26 season, Wrexham were widely dismissed as genuine challengers in England’s second tier, let alone contenders for a top-six finish. The Red Dragons, strengthened by new arrivals over the summer, endured a difficult start but gradually stabilised and produced a respectable return in their first Championship campaign in 43 years.

With nine games remaining, Phil Parkinson’s side sit sixth, occupying the final playoff place and holding a narrow three-point cushion over seventh-place Southampton. The position leaves little margin for error as the season approaches its conclusion.

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Reynolds has signalled he will follow the promotion push closely while leaving tactical and selection matters to the club’s coaching staff. “Phil Parkinson has done a phenomenal job, and I think the best thing we’ve done as co-chairmen has been to leave the football decisions to the people who understand the game better than we will ever understand it, and that’s sort of been the secret sauce,” he said.

Reflecting on his involvement with the club, the 49-year-old described the experience as singularly fulfilling. “It’s been, easily for me, I’ll say, the most rewarding professional experience of my entire life, and emotional, too,” Reynolds revealed on commentary during the club’s 2–0 win over Swansea City on Friday.

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Opta model: Wrexham’s path to the Championship playoffs and promotion odds

Opta gives Wrexham a 20.86% shot at the playoffs; promotion still relies on results down the run-in.

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Wrexham remain in the hunt for a third straight promotion after rising from a poor start in the Championship, but the path to the Premier League runs through the playoffs. The oldest club in Wales have found more consistent form since a difficult opening to the season, yet dropped points in their last two league matches against Millwall and Bristol City have checked their momentum.

Opta’s supercomputer supplies a clear snapshot of the title race and the contest for the top six. Coventry sit top of the table on 62 points with Middlesbrough one point behind on 61. The model predicts Coventry will finish on 85.43 expected points with a 47.12% chance of the title, while Middlesbrough are on 84.76 expected points and a 34.32% title probability. With totals so close, the margin for error in the final three months is minimal.

In the race for the playoffs, Opta projects the following outcomes. Ipswich Town (54 current points) are expected to reach 80.53 points with a 63.22% playoff probability. Millwall (56) are forecast to reach 77.27 points and hold a 76.96% chance. Hull City (54) are predicted to finish on 76.17 points with a 75.86% playoff likelihood. Southampton (46) are projected at 68.07 expected points and a 26.42% chance of making the top six.

Derby County (48) and Wrexham (48) are modelled to finish close together on around 67 points: Derby on 67.82 expected points with a 24.60% playoff probability and Wrexham on 67.41 expected points with a 20.86% chance. Preston (48) are at 66.60 expected points and 15.76% probability, while Bristol City (47) sit at 65.73 expected points and a 12.22% chance.

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Teams finishing third to sixth contest the playoffs, with the winner joining the top two in promotion to the Premier League. Opta currently backs Ipswich Town, Millwall, Hull City and Southampton as the four sides most likely to contest the playoff places. For Wrexham, the model shows they are close but marginally outside the projected top six, leaving their dream of reaching the Premier League dependent on results in the run-in.

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How a Six-Team Playoff Proposal Could Alter Wrexham’s Promotion Path

EFL clubs will vote on expanding Championship playoffs to six teams; implications for Wrexham. Next.

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EFL clubs are due to vote on a proposal that would expand the Championship playoffs from four to six teams, a change that would alter the route to the Premier League and could benefit Wrexham. According to The Guardian, 72 EFL clubs are invited to the meeting, which will unfold on Mar. 5, to cast their votes about potentially allowing two more teams—those that finish in seventh and eighth—to participate in the Championship playoffs.

The new playoff structure would take effect next season if a simple majority of the 72 clubs and the 24 Championship sides vote to instate the changes approved by the EFL board. Reported options lean towards a model similar to the National League. Under that format the clubs finishing third and fourth would advance directly to the semi-finals. Teams finishing fifth, sixth, seventh and eighth would contest one-off knockout ties to determine the remaining semi-finalists.

In that scenario the fifth-placed team would play the eighth-placed team, while the sixth-place team would match up with the seventh-placed team. The higher-ranked club would have the advantage of hosting the single-leg tie. The playoffs would then continue as normal, with the semi-finals played across two legs and the winners progressing to the final at Wembley Stadium.

For Wrexham the proposal matters because the club’s long-term aim is Premier League football after a rapid rise since 2021. In their first Championship campaign in 43 years, the Red Dragons have a chance to secure a record-fourth consecutive promotion following the takeover by co-owners Ryan Reynolds and Rob McElhenney in 2021. Phil Parkinson’s men currently sit sixth in the standings through 31 games, keeping the playoffs within reach.

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If Wrexham drop out of the top six by the end of 2025–26 or fail in the playoffs, their stay in the Championship would be extended for at least another season. The vote on Mar. 5 could change the pathway those ambitions follow.

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