"First it was announced that a grant of 18m would be provided by the Welsh Labour government to help renovate the Racecourse Ground, which is unusual, public money to a private entity, but justified as part of a wider regeneration. And second, Wrexham's co-owners, the TV guys, Rob and Ryan, announced the sale this week of a minority stake to Apollo Sports Capital, which is owned by Apollo, a US hedge fund."
"Now. It is important to state that the new minority owner of Wrexham has no current links to Epstein. Those links were severed in March 2021, which is a whole four and a half years ago, when one of the cofounders of Apollo, Leon Black, resigned from the board after it emerged he had paid Epstein $148m in return for some kind of personal financial advice, and had also hard to get past this one written a mildly salacious poem in Epstein's 50th birthday card."
"You could be of the view, if you wanted to be pedantic here, that the financial muscle of Apollo was built in part through the expertise of a guy who wrote: Blond, red or brunette, spread out geographically in a paedophile people trafficker's birthday card, which is middling verse, but top-of-the-range creepiness. But Apollo Sports is a legit fund, provides a necessary service, and has purged itself of its seemingly dodge-pot founder."
Wrexham AFC secured an £18m grant from the Welsh Labour government to help renovate the Racecourse Ground as part of wider regeneration. The club's co-owners sold a minority stake to Apollo Sports Capital, a fund owned by Apollo, a US hedge fund. Apollo's cofounder Leon Black resigned in March 2021 after revelations that he paid Jeffrey Epstein $148m for personal financial advice and wrote a mildly salacious poem in Epstein's 50th birthday card. Apollo Sports has since distanced itself from those links and continues to operate as a legitimate fund providing services to sports clubs.
Read at www.theguardian.com
Unable to calculate read time
Collection
[
|
...
]