WREXHAM AFC made almost £6m in the 12 months up to June 2022, it has been revealed.

The club released its financial report this afternoon (March 31), which detailed the profit and loss made for the 12 months to June 30, 2022. 

There has been a significant increase in turnover and costs since the takeover of Ryan Reynolds and Rob McElhenney in February 2021.

Matchday revenue as well as retail and sponsorship income provided the club with close to £5.972m in turnover. 

However, the club made an overall loss of £2.914m during the period. 

A spokesperson for Wrexham AFC said: "The Annual Report and Financial Statements for the 12 months to June 30, 2022 (‘the period’) have been submitted to Companies House.

"Turnover for the period was £5.972m, an increase of 404% from £1.478m.

"Of the £5.972m turnover, matchday income accounted for £2.650m, retail income £1.303m and sponsorship / advertising £1.053m.

"Football costs in the period were £3.940m, an increase of 294% from £1.340m.

"The loss for the period was £2.914m.

"The R.R. McReynolds Company LLC, introduced £3.670m of loan funding which included the funds to purchase the freehold of the Racecourse Ground and subscribed for equity in the sum of £1.200m.

"The Directors have confirmed that they will continue to fund the club going forward."