Why would it not be above board?
Pretty sure it doesn't count as income for PSR so it doesn't affect the losses they are allowed to make (it does mean they have more cash so they don't have to borrow money and incur interest costs). And share capital isn't repayable so they're not putting the club in debt (one of things PSR is intended to protect against)
And didn't our new owners convert about £60m of debt into non-repayable ordinary shares? What's the difference?
Posted By: mr carra on January 26th 2026 at 13:30:52
Message Thread
- The fairytale story that is Wrexham (Other Football) - Trent_Canary, Jan 26, 13:07:55
- I don't get the dislike for Wrexham, proper club, that has had real hard times (Other Football) - megson, Jan 26, 15:18:06
- All fair points (Other Football) - APB, Jan 26, 16:53:32
- Much prefer them to Bournemouth, Brentford etc. (Other Football) - Snakepit Divorceee, Jan 26, 16:27:34
- I don’t think it’s dislike for Wrexham, it’s dislike for the media hype (Other Football) - Old Git, Jan 26, 15:48:53
- Yeah, I'm the same (Other Football) - Klobo04, Jan 26, 15:21:51
- Exactly, and regardless of funds, it must be a hell of a ride. (Other Football) - megson, Jan 26, 15:47:15
- Me too (n/m) (Other Football) - norwaay, Jan 26, 15:30:29
- Funds for ground redevelopment aren't against PSR (n/m) (Other Football) - inutero, Jan 26, 14:04:21
- Ah, plucky little Wrexham (n/m) (Other Football) - Old Git, Jan 26, 13:50:33
- Why would it not be above board? (Other Football) - mr carra, Jan 26, 13:30:52
- This lot apparently (Other Football) - SCC 28, Jan 26, 13:18:26
- yep the fairytale is that it will end up being PE-owned (Other Football) - camcan, Jan 26, 14:02:04
- Appears that the funds will be used for ground development. (n/m) (Other Football) - The Gaffer, Jan 26, 13:24:38
- I don't get the dislike for Wrexham, proper club, that has had real hard times (Other Football) - megson, Jan 26, 15:18:06
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