Financial State of Wrexham Soccer Club Owned by Ryan Reynolds and Rob McElhenney

SOURCE www.nbcnews.com
Ryan Reynolds and Rob McElhenney's soccer club, Wrexham, has reported increased debts but also increased turnover and positive prospects. The club is aiming for further promotions and is investing in stadium upgrades.

Key Points

  • Wrexham's debts to celebrities increased to nearly 9 million pounds
  • Turnover rose to 10.5 million pounds
  • Club's losses increased to 5.1 million pounds
  • Wrexham aiming for further promotions in the English Football League
  • Investing in stadium upgrades and capital expenditure projects
  • Increased income generated by the club

Pros

  • Increased turnover from nearly 6 million pounds to 10.5 million pounds
  • Positive future prospects for the club
  • Investment in capital expenditure projects for the club's growth

Cons

  • Debts owed by the club rose to nearly 9 million pounds
  • Increased losses from 2.9 million pounds to 5.1 million pounds