Viking Supporters Co-operative

Viking Chat => Viking Chat => Topic started by: scawsby steve on December 09, 2025, 05:00:55 pm

Title: Wrexham
Post by: scawsby steve on December 09, 2025, 05:00:55 pm
Just to show what we're up against, on top of the Hollywood money, US investors Apollo, a company worth £630 billion, have invested a stake in the club.

As if all of this isn't enough, the Welsh government has donated £18 million to the club in grants. How that can be justified God knows.
Title: Re: Wrexham
Post by: NickDRFC on December 09, 2025, 05:30:44 pm
Just to show what we're up against, on top of the Hollywood money, US investors Apollo, a company worth £630 billion, have invested a stake in the club.

As if all of this isn't enough, the Welsh government has donated £18 million to the club in grants. How that can be justified God knows.

How much were Keepmoat/Terry & Dick worth when they came on board? Think it might even have been a bit more than that. Although I do take your point and imagine that this lot will throw a lot more than we spent to try and get to the PL. Wrexham were already spending tens of millions on players as it was!
Title: Re: Wrexham
Post by: Draytonian III on December 09, 2025, 05:46:57 pm
So will the Welsh Government be investing millions of pounds in Swansea,Cardiff and Newport ?
Title: Re: Wrexham
Post by: scawsby steve on December 09, 2025, 05:48:14 pm
Just to show what we're up against, on top of the Hollywood money, US investors Apollo, a company worth £630 billion, have invested a stake in the club.

As if all of this isn't enough, the Welsh government has donated £18 million to the club in grants. How that can be justified God knows.

How much were Keepmoat/Terry & Dick worth when they came on board? Think it might even have been a bit more than that. Although I do take your point and imagine that this lot will throw a lot more than we spent to try and get to the PL. Wrexham were already spending tens of millions on players as it was!

Apparently, Terry and Dick sold Keepmoat Construction for around £750 million, with Terry the largest shareholder.
Title: Re: Wrexham
Post by: dickos1 on December 09, 2025, 07:09:06 pm
630 billion is quite a bit more than 750 million
Title: Re: Wrexham
Post by: Chris Black come back on December 09, 2025, 07:14:53 pm
They are also not valued at £630 billion.
Title: Re: Wrexham
Post by: scawsby steve on December 09, 2025, 07:25:17 pm
They are also not valued at £630 billion.

Apollo are. However, how much their stake is in Wrexham hasn't been revealed.
Title: Re: Wrexham
Post by: NickDRFC on December 09, 2025, 07:36:54 pm
630 billion is quite a bit more than 750 million

Haha I read it as £630m. As someone who works with them you’d think I’d be good with numbers…
Title: Re: Wrexham
Post by: Chris Black come back on December 09, 2025, 08:12:59 pm
They are also not valued at £630 billion.

Apollo are. However, how much their stake is in Wrexham hasn't been revealed.

They are not. They have assets under management at around that figure - probably more - but that’s not their own value. That is very largely the capital of investors they are managing.
Title: Re: Wrexham
Post by: Move DRFC on December 09, 2025, 08:49:06 pm
They'll be a sustainable Premier League club very soon. The money they're playing with is absolutely bonkers.
Title: Re: Wrexham
Post by: Chris Black come back on December 09, 2025, 08:53:44 pm
Bournemouth have shown you can survive with a fairly modestly huge subsidy and basically zero fans. Wrexham would have one of smallest crowds in the EPL if they went up, but the whole circus would generate huge sums. For a time anyway. No way would anyone sane want all that attached to their club.