Wrexham Secures Investment for Sustainable Future

Wrexham Secures Investment for Sustainable Future

Wrexham Secures Investment for Sustainable Future

Phil Parkinson has stated that the recent investment in Wrexham will support the club's efforts to establish a sustainable future.

This announcement follows the news that Apollo Sports Capital (ASC), the majority owners of Spanish football club Atletico Madrid, have become minority investors in the Championship team.

"I believe this is very positive news for the club," Parkinson told BBC Sport Wales. "It aids the club in progressing and building a sustainable foundation for the future."

ASC's investment in Wrexham is reported to be less than 10%. However, Hollywood actors Ryan Reynolds and Rob McElhenney, who remain the majority owners, have indicated that this new partnership will enhance the club's "vision and ambition."

Parkinson expressed enthusiasm about the investment, stating, "It’s a great, positive story. Everyone is looking forward to collaborating with the new investors."

Reynolds and McElhenney continue to hold majority ownership of the north Wales club, which also received support from the Allyn Family in October 2024.

The hope is that this latest investment will facilitate continued growth for Wrexham both on and off the field, particularly contributing to the ongoing development of the club's iconic Stok Cae Ras stadium.

Parkinson mentioned that he has been in regular communication with the club's CEO, Michael Williamson, regarding recent developments. "Everything remains the same in terms of football, but Michael has kept me updated over the past few weeks. I was aware that something was in the works for some time," he added.

"Michael called me on Sunday to inform me that an announcement was imminent, and he provided some context that allowed me to brief the staff accordingly."

Wrexham has experienced an extraordinary rise under their majority owners, achieving three consecutive promotions from the fifth-tier National League to the second-tier Championship.

As Wrexham's global profile continues to expand, Parkinson emphasized the importance of ongoing development for the club's future. "It’s about establishing the building blocks for both the short and long term. This is another step in that direction," he stated. "We are a club that is constantly evolving, both on and off the pitch, and this investment is a further stride toward that goal."

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