Sponsorship will be the bulk of it I'd imagine, Merchandise and stuff like that to the Americans as well. They love us over there- at the TST thing we did the other week 50% of the 30k who bought tickets to the event identified as Wrexham fans. They all seemed to have shirts too.
It's bonkers frankly.
So, if WAGMI have put the money they earned from the NFT launch into the club, this would count as fortune income? Given that this £4 million or so would count as an astronomical percentage of the club's income, I would be very interested to see their accounts. (Not because they might have done anything wrong). It would be a one-off payment, with no hope of an ongoing revenue stream. One might hope for their sake that they didn't pour the whole sum into the club in one financial year.Also under SCMP any funds introduced by the owner in the form of equity (not loans) is classed as fortune income and included in turnover.
No cap on losses under SCMP.
Yeah, my impression is that Wrexham's owners seem to know what they are doing, really taking advantage of what global internet and broadcast access permits to show that even a relatively small (although certainly far from tiny) club can attain an international fan base, and the income that generates (and in this case, sponsorship that attracts) , hopefully, and so far seemingly, without pissing off the actual matchgoing fans and loyal supporters. I'd have to think there's a more than decent chance of their project succeeding in the medium term, and that it might even become a case study in one means of how to revitalise long-established league clubs that's have fallen on hard times.Wrexham clearly have more earning potential than the historic lower league vanity projects where the owner has to single-handedly fund it at a loss. I’d actually expect Reynolds and McElhenney to turn a massive profit once it’s all said and done. The question is more about how long you can sustain interest, you’ll of course get a few weirdos in the US who become diehards and expand the fan base but the majority of the revenue will be sponsorships and that relies on things like the Disney documentary persisting and people staying interested in the Wrexham fairytale and it staying in the public consciousness.
I’ve always maintained it’s just been genius from the two of them from a commercial perspective. The question is always around who is running the football side of things - if I had much more money than everyone else, I would simply invest in the best players and talent - not feel like I need a 40+ year old goalkeeper who only trains once a week or spend 6 figure sums on the likes of Ollie Palmer but…ends justify the means and all that, can’t question their results so far.
You can still be Going For It whilst signing shit players, ask Notts County fans…
You can still be Going For It whilst signing shit players, ask Notts County fans…
The one you sacked off for Tim Sherwood.Which manager is that?
I was more meaning the squad you had last time you were in this league, on paper there’s no way you should have been relegated. In fact I strongly expected you to challenge at the top of the table insteadWe tend to sign unfashionable players that other teams haven't thought much of with the exception of Langstaff who a few teams must have wanted last season.
Last pre season our five signings came from National league N and S. Jodi Jones wasn't pulling up any trees at Oxford and John Bostock didn't have a club until we signed him in February. We signed a keeper who's only experience was on loan at Kings Lynn.
I'm hoping Will Randall from Sutton who I'd never heard of will be in the same vein.
Luke Williams won't just put players in the first team if he doesn't think they're ready, only Langstaff went straight in of those eight but they all added to the team when their chance came.
That was a really unbalanced team. We needed a mobile no9 to help Kane Hemmings and Krystian Dennis, we had a couple of bad eggs in Richard Duffy and Dan Jones and blew the budget on David Vaughn who's legs had entirely gone with no youthful midfielders around him. Coupled with a manager who rumour had it was drinking too much and eventually going through three managers and a temporary one as well and an owner who spent way more than either we or he could afford and it all added up to a total disaster.I was more meaning the squad you had last time you were in this league, on paper there’s no way you should have been relegated. In fact I strongly expected you to challenge at the top of the table instead
on a par with Morecambe's.....How bad is crawley's finances?
What’s your ownership model now out of interest?That was a really unbalanced team. We needed a mobile no9 to help Kane Hemmings and Krystian Dennis, we had a couple of bad eggs in Richard Duffy and Dan Jones and blew the budget on David Vaughn who's legs had entirely gone with no youthful midfielders around him. Coupled with a manager who rumour had it was drinking too much and eventually going through three managers and a temporary one as well and an owner who spent way more than either we or he could afford and it all added up to a total disaster.
He was Technical Director or something like that?Sherwood was never manager. Did no favours for old Luke Warm that’s for sure.
The Reedtz brothers are the owners. They state they want success ( who doesn't ) but want to do it in a way that won't put the club in jeopardy by unearthing talent. They run a sports data company and our recruitment has been consistently good since they took over. We had very good budgets for non league but not the biggest and I suspect that model will continue in L2 where we'll compete but he nowhere near some teams here.What’s your ownership model now out of interest?
We have only added two free transfers to the team that finished 17th last season.In short if any of wrexham notts county and gillingham don’t go up it’ll be a miserable failure (well accustomed to that following mansfield)
In all fairness, one of your top guys walks around in a red gimp suit...but then again who am I to judge what Shaun Harvey does in his spare time?!The Reedtz brothers are doing a good job but they look like a right pair of oddballs. If you told me they walked around holding each others hands I'd believe you.
In all fairness, one of your top guys walks around in a red gimp suit...but then again who am I to judge what Shaun Harvey does in his spare time?!
I doubt any attempts at "doing a Wrexham" will be anywhere near as successful, for a start the majority of the American fans who might be interested will already be Wrexham fans. I could see it working with another large country potentially if anyone with similar star power and marketing skill, but the idea that other Americans/high profile actors (I think there's been mention of the Rock being involved at Southend?) can just come in and generate this amount of revenue seems unlikely.Purists may reasonably scorn it but I suspect Wrexham's approach is a wave of the future
Nobody knows.How bad is crawley's finances?
We don’t have a rivalry with them, that’s kind of the point about how we care very little for you but if you check social media, your fans (mostly the younger contingent) have a fascination with us. It’s understandable though, you can speak about clubs playing in the bottoms leagues all you like but the facts are that in the past 20 years we have spent all but 3 seasons in either the championship or league one whilst you lot continued to mix it in this division and the national league. I get it why we are your cup final. Enjoy yourselves again next season.Boycotting due to lack of vision is a rather grandiose term for not being arsed to go to a match when you're not playing very well.
Every forum? There isn't a single Town fan on here, the other forum or The Fishy who is obsessed with Donny. Neither have I met one in real life. It's good to have a local match but there's no real rivalry there.
Makes perfect sense you'd have a bigger rivalry with Harrogate too. Two Yorkshire clubs with rich and long histories in the basement/non-league divisions, both had money pumped into them in recentish years to elevate them above their natural levels, neither club can fill their stadium, etc.
Josh Emmanuel did alright for us last year to be fair.
Seems like you are the one trying to create a rivalry on here with us and failing miserably.We don’t have a rivalry with them, that’s kind of the point about how we care very little for you but if you check social media, your fans (mostly the younger contingent) have a fascination with us. It’s understandable though, you can speak about clubs playing in the bottoms leagues all you like but the facts are that in the past 20 years we have spent all but 3 seasons in either the championship or league one whilst you lot continued to mix it in this division and the national league. I get it why we are your cup final. Enjoy yourselves again next season.
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