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State Aid Disclosures Show Wrexham AFC Got Nearly £18m in Welsh Grants

Officials say the money will upgrade the Racecourse Ground to international standards with wider economic benefits.

Overview

  • UK state aid records list two non‑repayable payments to Wrexham AFC via the local council, £3.8m in February 2022 and £14m recorded in September.
  • The Welsh government and Wrexham County Borough Council say the funding supports stadium and transport upgrades to enable international fixtures and major events.
  • The disclosed total far exceeds amounts recorded for other League clubs, including Plymouth Argyle (£2m), Bradford City (£670,000) and Swansea City (£400,000).
  • An independent football finance expert called the grants an £18m subsidy to a privately owned club, noting prior reports that the team has been linked to a potential £350m valuation.
  • Club accounts show turnover rose from £10.5m in 2023 to £26.7m in the year to June 2024, with reporting attributing growth to global exposure and new sponsors tied to the owners’ profile.