Apollo Sports Capital Backs Wrexham AFC’s Premier League Journey with Major Investment
Strategic Investment Signals New Chapter for Welsh Club
Wrexham AFC has sold a minority stake in the Welsh football club to Apollo Sports Capital, a U.S.-based private equity firm, marking a significant milestone in the club’s remarkable transformation. The deal, announced on Monday with no terms disclosed, includes investment by Apollo in the redevelopment of Wrexham’s stadium and the surrounding area, underscoring the ambitious growth plans for the historic Welsh club.
Premier League Ambitions Fuelled by New Partnership
The investment represents a crucial step forward for Wrexham’s celebrity owners, Ryan Reynolds and Rob McElhenney. The investment aligns with Wrexham AFC’s long-term growth strategy and Premier League aspirations, with majority shareholders Mac and Reynolds continuing to oversee the Club as controlling owners. 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, the co-chairmen stated.
Stadium Redevelopment and Community Impact
As part of the investment, Apollo Sports Capital will also provide financing for the STōK Cae Ras, helping advance the ongoing redevelopment of the stadium, including the new Kop Stand. The redevelopment is a key component of the larger Wrexham Gateway Project, a large-scale regeneration plan to support the city’s connectivity and economic future. This investment extends beyond football, promising significant economic benefits for the Wrexham community.
Building on Historic Success
Wrexham, the oldest club in Wales dating to 1864, has earned three consecutive promotions in the English football system to reach the second-division Championship for the current season, one level away from the Premier League. The investment by Apollo Sports Capital follows a minority investment by the Allyn Family Office in October 2024, demonstrating sustained external confidence in the club’s trajectory.
Significance for Stakeholders
This partnership with Apollo Sports Capital—the sports investment company that recently acquired a majority stake in LaLiga giants Atletico Madrid—brings world-class sporting investment expertise to Wales. The deal provides Wrexham with access to patient, long-term capital necessary for sustainable growth whilst maintaining the community-focused ethos that has defined the Reynolds-McElhenney era. For supporters and the wider Wrexham community, this investment represents tangible progress towards Premier League football and significant local economic regeneration.