Rob McElhenney and Ryan Reynolds have brought a big financial boost to Wrexham(Image: PA)
Wrexham have increased their annual turnover to an astonishing £26.7million thanks to the global attention attracted by Ryan Reynolds and Rob McElhenney. The Welsh side saw the figure sky rocket by 155 per cent in the financial year ending in June 2024, compared to around £10.5m in 2013.
Club officials have largely attributed the eye-watering amount, which is believed to be a record for a team which was then in League Two, to the exposure generated by the Welcome to Wrexham documentary. The popularity of the series has also helped Wrexham seal lucrative commercial deals with the likes of United Airlines and HP, delivering a sharp increase in sponsorship revenue from £1.9m to £13.2m.
However, despite the impressive sums, documents seen by Mirror Football show Wrexham still managed to post a loss of £2.7m during the 12-month period. That figure is down from the £5.1m deficit recorded in 2023, with the club’s latest accounts showing that £824,000 of the most recent losses were incurred due to bonuses triggered by Phil Parkinson’s side gaining promotion to League One.
In a further significant development, it’s separately been confirmed that loans worth £15m provided by Reynolds and McElhenney have been repaid in the last few months. It follows the arrival of the New York-based Allyn family as new minority investors in October and several large share issues.
