Overview
- Newly reported 2024/25 accounts show £33.3m turnover alongside an expected £13m loss linked to the push into the Championship.
- Operating costs rose to £14.8m from £2m the year before, while the wage bill jumped 74% to £19.9m due to bonuses and higher salaries.
- Overseas markets delivered 57.7% of total income, led by North America, and sponsorship revenue increased 31% to £17.3m.
- Companies owned by Ryan Reynolds and Rob McElhenney received about £3.9m for sponsorship growth, with £2.6m to Maximum Effort and roughly £1.4m to Mac's More Better, which directors say supports commercial growth.
- The club wrote off £3.8m after broker Argentex became insolvent, reported a December Apollo Sports Capital investment that enabled repayment of a £27.5m loan, and set out a £69.3m Kop Stand plan backed by £17m from the Welsh government.