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.<\/p>\n
\u201cFrom day one, we wanted to build a sustainable future for Wrexham Association Football Club. And to do it with a little heart and humour,\u201d Reynolds and McElhenney said in a joint-statement.<\/p>\n
\u201cThe 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.\u201d<\/p>\n
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.<\/p>\n
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\u2019s men are just three points off the playoff places, helped by a nine-game unbeaten streak in England\u2019s second-tier.<\/p>\n
\u201cWrexham 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,\u201d said Apollo Partner and ASC Co-Portfolio Manager Lee Solomon.<\/p>\n
\u201cThis 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.\u201d<\/p>\n
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.<\/p>\n","protected":false},"excerpt":{"rendered":"
Apollo Sports Capital joins Wrexham as minority investors backing the club’s Premier League ambition<\/p>\n","protected":false},"author":1,"featured_media":4965,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1249,1264],"tags":[1310,1309],"class_list":["post-4966","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-championship","category-football-development","tag-investment-news","tag-ownership"],"_links":{"self":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/posts\/4966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/comments?post=4966"}],"version-history":[{"count":0,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/posts\/4966\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/media\/4965"}],"wp:attachment":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/media?parent=4966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/categories?post=4966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/tags?post=4966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}