The investment, understood to be less than 10%, will also fund redevelopment of the Racecourse Ground. The financing supports Wrexham's long-term plan to reach the Premier League, continuing the club's rapid transformation under its celebrity owners. Reynolds and Mac said: 'The dream has always been to take this club to the Premier League while staying true to the town. Growth like that takes world-class partners who share our vision and ambition, and Apollo absolutely does.' Paramount argues its offer delivers greater value and regulatory certainty, providing $18bn more in cash to Warner Bros shareholders than Netflix's mixed cash-and-stock bid. The firm also says a merger of Paramount and Warner Bros would create a stronger competitive counterweight to the dominant streaming platforms. The firm has promoted about 218 employees across its global platform, including seven new managing partners. The move strengthens CVC's leadership bench less than two years after its stock market...
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