AFC Wrexham’s financial future discussed as Championship promotion could strike worry among board

Local TV Sport

Wrexham’s financial future looks bright following back-to-back promotions, major sponsorships, and a £26.7 million turnover.  With owners Ryan Reynolds and Rob McElhenney welcoming new investors, speculation around Cristiano Ronaldo’s potential involvement highlights growing global interest that could take the club’s commercial and competitive ambitions even further in the years ahead.

Transcript

00:00Wrexham's rapid rise under Hollywood owners Ryan Reynolds and Rob McElhenney has captured

00:07global attention and speculation is growing that Cristiano Ronaldo could become involved

00:14in the club once he retires from playing.

00:18The Portuguese superstar currently at Al Nasser in Saudi Arabia has previously expressed

00:24an interest in business ventures beyond football and former Republic of Ireland international

00:31Andy Townsend believes club ownership could be next.

00:37Cristiano Ronaldo could probably buy Wrexham and have Ryan Reynolds and Rob McElhenney as

00:42his drivers, Andy Townsend joked.

00:46Wrexham have enjoyed back-to-back promotions under manager Phil Parkinson and are pushing

00:51for a place in the championship.

00:55Wrexham recently posted an impressive £26.7m turnover for the year ending June 2024, an

01:02astonishing figure for a club that was in League Two at the time.

01:07If they are to go up once again, their strategy with transfers in the second tier will surely

01:13have to change.

01:15There will be lots of question marks for that Wrexham team and this would be the summer in

01:18which they really have to push that investment further.

01:22You'd have to be breaking your record transfer fee.

01:25You'd have to be ruthless with getting rid of players.

01:29The issue there as well is that lots of players are tied down to quite lucrative contracts.

01:33They're not going to get that sort of money elsewhere so you might have to have to take

01:36a hit on even the players you lose.

01:38They've been able to compete at League One level but the championship would be an astronomical

01:43leap from where they are now.

01:46Wrexham director Sean Harvey has confirmed that the club's ownership group is open to

01:52further investment.

01:54If Fernando were to get involved, his global profile would only accelerate Wrexham's commercial

02:00success.

02:03Whether he follows that path remains to be seen but given his business interest and love

02:08for football, a move into club ownership would not be surprising.

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