Latham Advises Apollo Sports Capital on Investment in Wrexham AFC
Latham & Watkins has advised Apollo Sports Capital on its minority investment in Wrexham AFC. The investment aligns with Wrexham AFC’s long-term growth strategy and Premier League aspirations, with majority shareholders Rob Mac and Ryan Reynolds continuing to oversee the Club as controlling owners.
As part of the investment, Apollo Sports Capital will also provide financing for the STōK Cae Ras, helping advance the ongoing redevelopment of the stadium, including the new Kop Stand. The redevelopment is a key component of the larger Wrexham Gateway Project, a large-scale regeneration plan to support the city’s connectivity and economic future.
The Latham team was led by New York corporate partners Justin Rosenberg, Salvatore Vanchieri, and Tracey Zaccone, London sports partner Patrick Mitchell, and London corporate partner Hector Sants, with New York associates Matthew DeSilva and Afsheen (Sheen) Moaleman, and London associates Ryan Martin, Talal Fuad Abul, and Jarren Wei Shen Koh. Advice was also provided on real estate matters by London partner Quentin Gwyer and Chicago partner Robert Fernandez, with counsel James Beeson and associate Philip Charteris; on tax matters by Bay Area partner Katharine Moir, with associate Dennis Poehland; and on antitrust/regulatory matters by London/Brussels partner David Little, with associate Carlos Betoret.
This deal follows Latham’s recent involvement in many leading UK football investments, including in relation to Brentford FC, Rangers Football Club, Manchester United, Liverpool FC, and Chelsea Football Club.