Wrexham have secured a huge £47.8million financial boost at a pivotal moment in the January transfer window. The sum has been revealed in documents filed with Companies House, showing that a single share in the club was purchased for that figure, with just one week left until the transfer deadline.
It follows Wrexham's Hollywood co-owners Ryan Reynolds and Rob Mac announcing in December that they had sold a minority stake in the Welsh outfit to Apollo Sports Capital (ASC). The agreement with the American sports investment company is designed to help the club maintain financial stability during their meteoric rise through the divisions.
Phil Parkinson's side currently sit sixth in the Championship, occupying the final play-off spot as they pursue an extraordinary fourth consecutive promotion and potential Premier League status. It follows Saturday's thrilling 3-2 fightback against QPR, which cemented their position near the top of the table.
Football finance specialist Kieran Maguire has now commented on the share transaction via X, providing analysis on its implications for Wrexham's transfer business.
He wrote: "Wrexham issue one share for £47.83 million ($64m). Given that investors also paid over £7m for a share in September 2025 and that the US holding company has over 4 million shares in the club already, this suggests it's come from the current owners and is working capital for infrastructure costs and player recruitment."
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Wrexham made headlines last week after being linked with an eye-watering £19m swoop for Angers striker Sidiki Cherif. The 19-year-old is also reportedly on the radar of Premier League outfit Crystal Palace.
The sheer scale of the potential transfer left some wondering how Wrexham could finance such a blockbuster deal, with the recently announced share issue now providing a potential answer. The ASC share sale comes after an earlier cash injection from the New York-based Allyn family in 2024, as Wrexham continue to secure significant American investment.
ASC's backing is designed to fuel the club's ambitions of reaching the top tier. The company forms part of the larger Apollo Global Management empire, which controls assets totalling approximately $908bn (£682bn).
ASC runs a $5bn (£3.75bn) sports investment fund, with its stake in Wrexham earmarked to support the redevelopment of the Racecourse Ground. The plans include the building of the new Kop stand, expected to open to fans in early 2027, as part of the broader Wrexham Gateway Project designed to regenerate the city's main entrance.
Discussing the investment in December, Wrexham boss Phil Parkinson said: "I think it's really positive news for the club. It helps the club moving forward and building a sustainable club for the future.
"It's a great, positive story. Everybody's looking forward to working with the new investors. Everything stays the same football-wise, but Michael (Williamson, CEO) has kept me informed over the last few weeks."
He added: "It's about putting those building blocks in place for the short and long-term. This is another step towards that. We're a club that's building all the time, on and off the pitch, and this is another step in that direction."
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