• Loading stock data...
Tuesday, May 21, 2024

Wrexham, Leverkusen Write Hollywood Stories

  • In two years the Welsh soccer club has now climbed from the fifth to the third tier of English soccer.
  • Meanwhile, Bundesliga has a new champion for the first time in over a decade.
Orlando Ramirez-USA TODAY Sports

European soccer leagues are approaching the home stretches of their respective seasons, but already some clubs have accomplished significant on-field achievements that will lead to major financial gains. 

To the Stars

A victory on Saturday by Wrexham AFC—the Welsh club purchased by Hollywood stars Ryan Reynolds and Rob McElhenney in 2021 for $2.5 million—secured promotion for the second straight year, this time up to EFL League One. That’s the third tier of English soccer and just two steps away from reaching the Premier League.

The guaranteed payoff for Wrexham is modest but still significant for a club that sat in the fifth tier just two seasons ago. Automatic revenue distribution (combined from both the EFL and EPL) will jump from roughly $1.44 million to $2.15 million. In its most recent financial report, last month, Wrexham said annual income moving forward was projected to be sufficient to meet operational costs, despite reporting a loss of $6.36 million.

As the club keeps pushing toward the EPL, the FX series Welcome to Wrexham, now in its third season documenting the journey of Reynolds and Rob McElhenney, continues to be popular, particularly among fans in the U.S. Wrexham will make another U.S. tour this summer, with one match already scheduled against Chelsea at the San Francisco 49ers’ Levi’s Stadium in July. Meanwhile, Wrexham’s women’s side seeks to ride that American interest, with its first U.S. tour in the works.

New Kid on the Block

In Germany, the Bundesliga has a new champion as Bayer Leverkusen became the first club other than Bayern Munich to clinch the league title since Borussia Dortmund in 2012. 

Leverkusen’s first Bundesliga championship does come with a financial benefit. Clubs receive a weighted portion of league revenue, which last year totaled $4.45 billion, based largely on on-field performance over the past five years. And there could be more: Leverkusen heads into the quarterfinals of the UEFA Europa League as the betting favorites to win the competition and its roughly $9.15 million first-place prize.

An American Affair

Back in the U.K., two clubs owned by powerful American sports figures are in a three-horse race for the EPL title alongside three-time defending champion Manchester City with six matches remaining. Liverpool, owned by Boston Red Sox parent company Fenway Sports Group, and Arsenal, part of a Stan Kroenke sports empire that also includes the Los Angeles Rams, both sit two points behind Man City, which is the flagship club of the United Arab Emirates-controlled City Football Group.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Historic Premier League Season Closes As U.S. Influence Expands

Man City can expect to receive roughly $79 million from the EPL’s system of merit payments.

WNBA’s Boom Time: Record Growth, Clark’s Debut, a Controversial Deal

League attendance is up by nearly a third, while the Liberty set a single-game ticketing record.

Chaos at the PGA Championship: Here’s What We Know

The No. 1 golfer in the world nearly didn’t make it to Valhalla Golf Club.

Mets Owner Faces Backlash After Tweet Sparks Trade Speculation

Mets owner Steve Cohen is walking back a now deleted tweet that further riled an impatient fan base.
podcast thumbnail mobile
Front Office Sports Today

The Next Era of the Harlem Globetrotters

0:00

Featured Today

exclusive

‘This Is Semi-Pro’: Inside One Arena Football League Team’s Collapse

The collapse of the Georgia Force, as told by the players who lived it.
Michael Block signs autographs on the 18th hole during day three of practice for the PGA Championship at Valhalla Golf Club on Wednesday, May 15, 2024.
May 19, 2024

‘I Prefer It This Way’: How Life Works for PGA Club Pros

Here’s how life works for the qualifiers at golf’s second major.
February 5, 2019; Washington, DC, USA; The grounds of the Capitol Building empty out following the conclusion of President Donald Trump's State of the Union speech on February 5, 2019.
May 18, 2024

‘A Breathtaking Lobbying Campaign’: The NCAA’s Sophisticated Effort to Save Amateurism

Inside the carefully coordinated, multimillion-dollar operation to end the athletes’ rights era.
May 14, 2024

The WNBA Was Forged in Houston. Why Won’t It Go Back There?

Houston’s a perfect fit for expansion. The league isn’t considering it yet.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

The NBA’s Final Four May Not Be Exactly What the League Envisioned

This final four will need to lean on its own unique drama to draw big audiences.
May 20, 2024

WNBA Investigating Las Vegas Tourism Arm’s $100K Payments to Aces Players

The sponsorship is worth more than several players’ salaries.
May 20, 2024

Sports World’s Ground Zero: Dallas to Host NBA and NHL Conference Finals

American Airlines Center is the first arena to host NHL, NBA conference finals games in the same season since 2003.
Sponsored

Major League Rugby’s Vision for American Rugby

How Major League Rugby is leading the Rugby renaissance in the U.S.
May 19, 2024

PGA Championship Drama Nearly Delivers a Major Boost to LIV Golf

Xander Schauffele takes home $3.3 million for his victory.
May 17, 2024

The WNBA Rookies Are Creating a New Celebrity Row

Major celebs like Kim Kardashian and Latto are showing up for the newbies.
May 16, 2024

Preakness in Spotlight: Chance of a Triple Crown Winner Bolsters Status

The presence of Kentucky Derby winner Mystik Dan gives a big boost to the Triple Crown’s middle leg.
May 15, 2024

PGA Championship Setting Revenue Records, but LIV Drama Still Looms

The PGA Championship tees off Thursday morning at Valhalla Golf Club.