Apollo Global Management Takes Minority Stake in Wrexham AFC

Reuters12-08 21:12
Apollo Global Management Takes Minority Stake in Wrexham AFC

Wrexham AFC has announced that Apollo Sports Capital, an affiliate of Apollo Global Management Inc. $(APO)$, has become a minority investor in the football club. The transaction aligns with Wrexham AFC's long-term growth strategy and aspirations to reach the Premier League. Co-chairmen Rob McElhenney and Ryan Reynolds will remain majority shareholders and continue to oversee the club as controlling owners. Apollo Sports Capital's investment provides long-term, patient capital to support both on-field ambitions and significant redevelopment projects, including upgrades to the STōK Cae Ras stadium. The investment follows a previous minority investment by the Allyn Family Office in October 2024, reinforcing Wrexham AFC's commitment to sustainable growth.

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