January Transfers & Rumours

[Evesham Pie]

No doubt the Reedtz have money but there is wealthy and then there is really wealthy.

The Reedtz (including Peter, the father) don't appear in the list of 100 richest Danish families (where No 100 is worth about £200m). They have a company called Reedtz Invest ApS in Denmark which appears to be an investment company that has assets of about £11m. Plus they have Football Radar.

It's difficult to see whether there is some real money supporting any consortium as the owner of the shares in Notts is Reedtz Ltd based in the isle of Man. Interestingly the previous name of the company was Wrexham Ltd!

Much as i'd like to think we have the Lego billions behind us I suspect that we are financially supported by a wealthy family and associates who certainly have the resources and intent to get us to league 1 but I think beyond that it's harder to say.

[Chicken Balti Pie]

No doubt the Reedtz have money but there is wealthy and then there is really wealthy.

The Reedtz (including Peter, the father) don't appear in the list of 100 richest Danish families (where No 100 is worth about £200m). They have a company called Reedtz Invest ApS in Denmark which appears to be an investment company that has assets of about £11m. Plus they have Football Radar.

It's difficult to see whether there is some real money supporting any consortium as the owner of the shares in Notts is Reedtz Ltd based in the isle of Man. Interestingly the previous name of the company was Wrexham Ltd!

Much as i'd like to think we have the Lego billions behind us I suspect that we are financially supported by a wealthy family and associates who certainly have the resources and intent to get us to league 1 but I think beyond that it's harder to say.

Their dad is a billionaire. They're very private and Denmark don't really have the equivalent of companies house in regards to open information. They're linked with a consortium interested in buying Sampdoria, you need more than £11m for that!

https://www.bbc.co.uk/sport/football/35696066

Now it could just be purely coincidence that two Danish groups wanted to buy Notts a couple of years apart, it could have been Trew making up a Danish Billionaire to drive the price up for Hardy OR some notoriously media shy Danish Billionaires wanted to purchase the club, Trew spouted his mouth off about their wealth so they left and picked up the club a couple of years later...

[Evesham Pie]

Our revenue for this season is projected to be £20 million.This will include our sponsor deals attendances,cup run,record sales of shirts(over 35000) USA pre season tour (which made £8million) and our award winning docuseries ( 3rd series just been announced).
There is every indication that the series will continue next season.
We are in a very fortunate position financially and the aim is for the club to be sustainable.
We have an excellent manager with a very good team and are in a prime position for another promotion this season.
Good luck for the rest of the season see you all that the Racecourse in a few weeks

Given the healthy current and no doubt medium term financial position, why on earth do you need government money for your new stand?

[Wrexham fan]

Given the healthy current and no doubt medium term financial position, why on earth do you need government money for your new stand?

My understanding is we were turned down for Government monies ie so called levelling up scheme.
The money for the stand I believe is coming from a number of sources RR/RM , Wrexham FC ,Private monies,Wales Transport and Council .
I honestly don't know the break down of the figures( and I suspect they won't be placed in the public domain).
The overall initiative is labelled Gateway to Wrexham and has total budget of £25 million of which the stand is about £10million.
As well as the stand being built there is plans for new roads and junctions to be built at the back of the stand .A new railway station at the back of the stand plus a new overhead walk way from the station to the ground.
There will also be a mega store built behind the stand and I think the dressing rooms and offices will be based in the stand..
There was also talk of a hotel being built but this has not been confirmed

[OP67]

My understanding is we were turned down for Government monies ie so called levelling up scheme.
The money for the stand I believe is coming from a number of sources RR/RM , Wrexham FC ,Private monies,Wales Transport and Council .
I honestly don't know the break down of the figures( and I suspect they won't be placed in the public domain).
The overall initiative is labelled Gateway to Wrexham and has total budget of £25 million of which the stand is about £10million.
As well as the stand being built there is plans for new roads and junctions to be built at the back of the stand .A new railway station at the back of the stand plus a new overhead walk way from the station to the ground.
There will also be a mega store built behind the stand and I think the dressing rooms and offices will be based in the stand..
There was also talk of a hotel being built but this has not been confirmed

RR/RM aren't putting any personal funds into the new stand, why should they? It'll come out of Wrexham's coffers and so it should. What is the delay now? I hear they'll not start until much later in the year possibly, if at all.

[Wrexham fan]

RR/RM aren't putting any personal funds into the new stand, why should they? It'll come out of Wrexham's coffers and so it should. What is the delay now? I hear they'll not start until much later in the year possibly, if at all.

Not sure where you "hearing" all this misinformation?
There were issues with the lease which has now been transferred to Wrexham fc from WST.
Some minor issues with some old water pipes and an electrical sub station ( work is being done on this as we speak)
As you aware we have built a temporary stand which holds 2200 because of the demand for tickets.
A 3 month turn around is needed before building can start on the new stand so with a bit of luck if at the end of April we are going up expect the diggers during the Summer so stand will be ready for following season.

[Evesham Pie]

My understanding is we were turned down for Government monies ie so called levelling up scheme.
The money for the stand I believe is coming from a number of sources RR/RM , Wrexham FC ,Private monies,Wales Transport and Council .
I honestly don't know the break down of the figures( and I suspect they won't be placed in the public domain).
The overall initiative is labelled Gateway to Wrexham and has total budget of £25 million of which the stand is about £10million.
As well as the stand being built there is plans for new roads and junctions to be built at the back of the stand .A new railway station at the back of the stand plus a new overhead walk way from the station to the ground.
There will also be a mega store built behind the stand and I think the dressing rooms and offices will be based in the stand..
There was also talk of a hotel being built but this has not been confirmed

Where's the monorail?

[SwalePie]

Where's the monorail?

Haha beat me to it!

[LaxtonLad]

My understanding is we were turned down for Government monies ie so called levelling up scheme.
The money for the stand I believe is coming from a number of sources RR/RM , Wrexham FC ,Private monies,Wales Transport and Council .
I honestly don't know the break down of the figures( and I suspect they won't be placed in the public domain).
The overall initiative is labelled Gateway to Wrexham and has total budget of £25 million of which the stand is about £10million.
As well as the stand being built there is plans for new roads and junctions to be built at the back of the stand .A new railway station at the back of the stand plus a new overhead walk way from the station to the ground.
There will also be a mega store built behind the stand and I think the dressing rooms and offices will be based in the stand..
There was also talk of a hotel being built but this has not been confirmed

You've got a head full of magic.

[OP67]

You've got a head full of magic.

He certainly has, I look forward to reading Wrexhams next accounts as they seem to ours. The mega store is a new one, they think they're Man City shifting 1.3 million shirts instead of 24k.