News & Updates

Wrexham allegedly looking for investor, $ 475m assessment

July 24, 2024; Santa Clara, CA, USA; Wrexham ahead Jack Marriott (11) scored a goal against Chelsea in the second half at Levi’s stadium. Compulsory Credit: David Gonzalas-Imagon Picture

Wrexham AFC, Welsh Football Club, co-owned by actors Ryan Reynolds and Rob McCleni, allegedly looking to sell a stake in the team that will set the franchise evaluation in $ 475 million.

According to a Bloomberg report on Wednesday, the club is looking for an investor to join Hollywood stars, who bought Wrexham in late 2020 for $ 2.5 million.

Since then, Team has become the subject of a popular documentary chain on FX – “Welcome to Vraxham” – and has earned a record through a record three straight years through England’s football system.

He will play in the English Football League Championship in the next season, which is one step below the Premier League, later with the top football league in the world.

The estimated price will represent a jump of about 19,000 percent in the team’s price in less than five years.

For comparison, the championship team Sheffield United reaped an acquisition of $ 135.5 million in an acquisition at the end of last year, and Eritrton – A Premier League side – was sold in an estimated $ 500 million in December.

In the financial year 2024, Wrexham allegedly pulled the revenue to $ 35.6 million – more than double from the previous year.

In the last October, the Elin family, former owners of a medical-device company, bought around 15 percent of Wrexham, which at that time determined the evaluation at $ 136 million.

READ MORE:  Why BCCI can find a new President after Roger Binny, soon? Cricket news

-Bield level media

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button