Wrexham director says club are losing ‘tonne of money’ despite expanding stadium

Wrexham director says club are losing ‘tonne of money’ despite expanding stadium

DAILY STAR

Wrexham’s executive director has revealed the club lost a significant amount of money after a risky move didn’t work out.

Humphrey Ker, who joined the club in February 2021 following its takeover by actors Ryan Reynolds and Rob McElhenney, admitted they are set to lose £250,000 after opening a temporary stand at the SToK Cae Ras.

Despite this, the club is expected to generate revenue of £20million this financial year, largely thanks to the success of the Netflix documentary series ‘Welcome to Wrexham’. “Rob and Ryan are definitely loving it as much as ever,” Ker told The Athletic (via the Mirror). “To me, that’s because the way we are doing football club ownership is in an extremely fun way.”

“Yes, it comes with a huge amount of responsibility and pressure, plus all the other things that come with being the custodians of this historic club. But we are also in this extraordinary position of being a genuinely unique club in world football because of the level of interest that comes from outside sources and from people who would usually never pay the slightest attention to football.

“That arms you with an incredible level of resources, frankly, and allows you to be ambitious and expansive – and do things like building the temporary stand at the Kop end. There is probably no other club in the country who could go, ‘Yeah, we’ll lose a tonne of money doing what is, on a business level, a pretty…

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