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A loss of £3 million due to the salaries, expenditures (transfers etc) of a couple of multi millionaires to boost the profile of the club no?
Edit, not against clubs and communitys etc, just think 25m could be better spent than a new stand at a football ground
Also edit, it's worry pointing out that the request was denied before the media circus started.
If that £25m also includes lots of community spaces for education, healthcare etc that I've missed, and genuinely will benefit the area then happy to be wrong.
RonnieOatmilk-
3M extra on football apparently. So more money spent on players, coaching etc despite 400% increase in revenue. The 3.3M quid lost was put into the club by the couple of multi millionaires rather than it paying them.
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Interesting article on The Athletic on the proposal today.
Couple of key points for me:
- This scheme was devised in 2019 by the Welsh government before the club was taken over
- Council report shows 732 jobs created and a 'a gross value-added impact of £54.1m' which is £3 for ever £1 invested. Suggesting they're not paying for the whole £25m
- Train station portion of the investment (£8m) will bring an additional 60k people & £3m annually from completion
- Part of goal is to bring international football (mens & women's) back to the ground
It's almost like sporting endeavours can be good investments / community assets of value if run responsibly.
- This scheme was devised in 2019 by the Welsh government before the club was taken over
atz
Soul
When you say financial benefits, at this level, wrexham is a loss making club. To the tune of £3m last year I believe.