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In Exeter, a match to show how Reynolds and McElhenney have supercharged Wrexham’s rise

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In Exeter, a match to show how Reynolds and McElhenney have supercharged Wrexham’s rise

At the end of a week when the true impact of Hollywood coming to Wrexham was laid bare by a balance sheet containing almost as many new records as music store HMV, it felt appropriate that the Welsh club should make the long trip to Exeter City.

The Devon club are in their 21st season of fan ownership, the same model that kept Wrexham afloat for more than a decade before Ryan Reynolds and Rob McElhenney rode into town.

Like Saturday’s 2-0 victors, Exeter had a stint in the National League — five years in their case, between 2003 and 2008 — after being taken to the brink of financial ruin by previous owners.

Today, though, the Devon club is rightly considered one of the best-run in the EFL, making the most of limited resources to establish themselves as a League One outfit. Wrexham manager Phil Parkinson is certainly a fan.

“This is a good club and it’s total respect over the job they’ve done,” he says. “I love their story with the fan-owned situation and how, like ourselves, this club has had tough times but kept themselves going.”

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Exeter’s mid-table standing these past three years is no mean feat in a division that has seen them go up against some relative behemoths, with Birmingham City the latest member of the Premier League alumni to visit St James Park after Sheffield Wednesday, Derby County, Ipswich Town and Portsmouth had all made the trip to the south west.

Wrexham may never have played higher than the second tier in their history, but this week’s revelation about the huge £26.7million turnover generated by last season’s League Two promotion at the STōK Cae Ras means they can be added to any list of League One clubs with exceptional financial muscle.

To put that figure — which is likely to have risen slightly for the current campaign — into context, Portsmouth, champions of this division in 2023-24, raked in £13.6m over the same financial period and runners-up Derby £19.4m.

Exeter’s accounts for the last full financial year are not yet available, but in 2022-23, annual turnover at St James Park stood at £5.8m, including £1.39m in transfer revenue. A profit of £312,000 was made in a season when the club finished 14th in League One.

Such prudency, and in particular the nurturing of young talent to sell on for profit, has characterised this era of fan ownership at St James Park. In the absence of a major benefactor, it has had to.

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Sell-on clauses are particularly important, providing Exeter with timely windfalls on top of the initial fees paid for the likes of Ollie Watkins and Ethan Ampadu, sold to Brentford and Chelsea respectively in 2017.

Just two summers ago, Ampadu’s switch from Stamford Bridge to Leeds United earned his boyhood club more than £1m. Jay Stansfield’s move from Fulham to Birmingham City also proved lucrative, with the sell-on clause in his 2019 transfer to Craven Cottage expected to bring in a further £2m.

Not so long ago, a similar level of husbandry seemed to be Wrexham’s only hope of a brighter future after years of mismanagement and poor decision-making had culminated in the fans riding to the rescue in 2011.

For the next decade, the supporters’ trust ran the show with the backing of around 4,000 members paying their annual subs.

On-field success proved just out of reach, Wrexham bagging 98 points in 2011-12, only to be pipped to the Conference title by Fleetwood Town and then losing to Newport County 12 months later in the play-off final. The irony of Fleetwood and, to a lesser extent, Newport both benefiting from a rich backer was lost on no one.

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Off the field, however, the trust transformed a club initially losing £750,000 per year to one that was debt-free and had cash in the bank when bought by Reynolds and McElhenney in February 2021.

Once Hollywood had arrived in north Wales, spending restraints went out of the window as the new owners attempted to turbo-charge an escape from non-League via a series of loans.

This ambition remained once back in the EFL, albeit — as the latest set of accounts reveal — with Wrexham now being run along more sustainable lines.

An £11m wage bill in 2023-24 may be beyond the comprehension of not only last year’s League Two clubs, but also most of Wrexham’s divisional peers this time around.

But it was made possible by that record-breaking turnover of £26.7m, raised in part by a seven-fold increase in sponsorship income to £13.1m, plus other substantial boosts to matchday and retail receipts.

This new-found sustainability on the back of such huge income levels also brings one very big benefit. Namely, how Wrexham — unlike others in League One, whose business model relies largely on selling players — can hang on to their best talent with a view to pushing even further up the leagues.

The performances of Max Cleworth and Arthur Okonkwo at this level have not gone unnoticed. The duo being calmness personified in the comfortable win over Gary Caldwell’s side will only have sharpened that interest.

Likewise how Sam Smith, Ollie Rathbone (who scored the game’s opener on Saturday), Ryan Longman, Lewis Brunt and George Dobson — all signed in the past 12 months amid a notable shift in recruitment policy that has started to bring the average age down and give the side more mobility — once again underlined their contribution to the promotion push.

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The vast financial resources that have allowed Parkinson to recruit such talent mean there’s no real ceiling to how far the Welsh club can go. Unlike, perhaps, Exeter, due to the limitations of a fan-run setup that inevitably go with the commendable aspects, which on Saturday included a team of volunteers clearing rubbish from the stands within 15 minutes of the final whistle.

Wrexham are not fully there on the sustainability front. They did lose £2.7m in 2023-24 and a similar deficit is forecast for this season.

But, after all those years in north Wales of trying to make every pound do the work of a fiver as the supporters’ trust commendably kept the lights on, the time really has arrived for Wrexham to dream big.

(Top photo: Matthew Ashton – AMA/Getty Images)

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Keith Olbermann under fire for calling Lou Holtz a ‘scumbag’ after legendary coach’s death

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Keith Olbermann under fire for calling Lou Holtz a ‘scumbag’ after legendary coach’s death

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Former ESPN broadcaster Keith Olbermann once again incited backlash on social media Wednesday after he called late legendary college football coach Lou Holtz a “legendary scumbag” in an X post on the day Holtz was announced dead. 

“Legendary scumbag, yes,” Olbermann wrote in response to a clip of Holtz criticizing former President Joe Biden in 2020 for supporting abortion rights. 

Olbermann received scathing criticism in response to his post on X.

 

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“You’re a scumbag that needs mental help,” one X user wrote to Olbermann. 

One user echoed that sentiment, writing to Olbermann, “You’re the real scumbag here. Lou Holtz had more class, integrity, and genuine decency in his pinky finger than you’ll ever show in your lifetime.”

Another user wrote, “You’re a grumpy, lonely, Godless man. All the things Lou Holtz was not.”

Keith Olbermann speaks onstage during the Olbermann panel at the ESPN portion of the 2013 Summer Television Critics Association tour at the Beverly Hilton Hotel July 24, 2013, in Beverly Hills, Calif.  (Frederick M. Brown/Getty Images)

Olbermann has made it a pattern of sharing politically charged far-left statements that are often combative and ridiculed on social media, typically resulting in immense backlash.

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After the U.S. men’s hockey team’s gold medal win, Olbermann heavily criticized the team for accepting an invitation from President Trump to the State of the Union address. Olbermann wrote on X that any members of the men’s team who attended the event were “declaring their indelible stupidity and misogyny,” while praising the women’s team for declining the invitation.

In January, Olbermann attacked former University of Kentucky women’s swimmer Kaitlynn Wheeler for celebrating a women’s rights rally outside the U.S. Supreme Court during oral arguments for two cases focused on the legality of biological male trans athletes in women’s sports.

Former Notre Dame football coach Lou Holtz listens before being presented with the Presidential Medal of Freedom at the White House in Washington, D.C., Dec, 3, 2020.  (Doug Mills/The New York Times/Bloomberg via Getty Images)

“It’s still about you trying to find an excuse for a lifetime wasted trying to succeed in sports without talent,” Olbermann wrote in response to Wheeler’s post. 

In 2025, Olbermann faced significant backlash after posting (and later deleting) a message on X aimed at CNN contributor Scott Jennings, that said, “You’re next motherf—–,” shortly after the assassination of conservative influencer Charlie Kirk. 

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Holtz was a stern supporter of President Donald Trump, even saying in February 2024 that Trump needed to “coach America back to greatness!”

Near the end of Trump’s first term, shortly after former President Joe Biden defeated him in the 2020 election, Trump awarded Holtz with the Presidential Medal of Freedom, the highest civilian award of the United States. 

After Holtz’s death was announced Wednesday, several top GOP figures paid tribute to the coach on social media. 

Those GOP lawmakers included senators Tommy Tuberville, R-Ala.; Todd Young, R-Ind.; Tom Cotton, R-Ark.; and Lindsey Graham, R-S.C.; representatives Greg Murphy, R-N.C.; David Rouzer, R-N.C.; Erin Houchin, R-Ind.; and Steve Womack, R-Ark.; and Florida Gov. Ron DeSantis; Indiana Gov. Mike Braun; U.S. Education Secretary Linda McMahon; and Rudy Giuliani.

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Lou Holtz, former Notre Dame football coach, addresses the America First Policy Institute’s America First Agenda Summit at the Marriott Marquis July 26, 2022. (Tom Williams/CQ-Roll Call, Inc)

At the time of publication, prominent Democrat leaders have appeared silent on Holtz’s passing, including prominent Democrats with a football background. 

Minnesota Gov. Tim Walz, who worked as an assistant high school football coach; Sen. Cory Booker, D-N.J., who was a recruiting target for Holtz in 1986 as a college prospect; Rep. Colin Allred, D-Texas, who played in the NFL; and Rep. Kam Buckner, D-Ill., who played football for the University of Illinois, have not posted acknowledging Holtz’s death. 

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Stephen A. Smith called Zion Williamson a ‘food addict,’ is now feuding with the Pelicans on social

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Stephen A. Smith called Zion Williamson a ‘food addict,’ is now feuding with the Pelicans on social
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Williamson has been listed as 6-foot-6, 284 pounds since New Orleans selected him out of Duke with the No. 1 overall pick in the 2019 draft. His weight and fitness level have been regularly criticized, and the amount of time Williamson has missed because of injuries hasn’t helped (including all of the 2021-22 season following offseason right foot surgery).

After playing only 30 games last season because of a left hamstring strain and a lower back injury, Williamson reported for 2025-26 looking trim and in shape. He told reporters that he and Pelicans trainer Daniel Bove had come up with a strategy to address his fitness while rehabbing his hamstring and that he stuck to it.

“I haven’t felt like this since college, high school,” Williamson said at the time, “where I can walk in the gym and I’m like just, ‘I feel good.’”

Williamson has played in 46 of the Pelicans’ 63 games this season, already the third-most games he has played in his seven NBA seasons. In a recent interview with ESPN’s Malika Andrews, Williamson addressed how the past criticism affected him mentally.

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“I would say the most difficult point was when I missed my third year with a broken foot, and there was a lot of criticism on my weight, my care for the game, etc.,” Williamson said. “But … while people were saying what they’re saying — and everybody’s entitled to their own opinion, it is what it is — I’m in Portland rehabbing, not knowing if my foot’s gonna heal, and it was frustrating. It was very frustrating.

“I was low. I was really low because I just wanted to play basketball. I just wanted to play the game I love, but every time you turn the TV on, every time I check my phone, it was nothing but negative criticism, man. At the time, it did a lot, like I said, it did a lot, but it was a blessing in disguise, and I learned from it and I grew from it.”

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ESPN analyst Paul Finebaum questions Trump’s college sports reform meeting as potential ‘circus’

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ESPN analyst Paul Finebaum questions Trump’s college sports reform meeting as potential ‘circus’

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President Donald Trump will host a White House roundtable regarding college athletics reform later this week.

The panel is expected to include prominent coaches, college sports and pro sports league commissioners, and other professional athletes, according to OutKick.

The group will meet March 6 to examine solutions to key challenges, including NCAA authority; name, image and likeness issues (NIL); collective bargaining; and governance concerns. 

 

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President Donald Trump holds a football presented to him during a ceremony to present the Commander-in-Chief’s Trophy to the US Naval Academy football team, the Navy Midshipmen, in the East Room of the White House on April 15, 2025 in Washington, D.C. (BRENDAN SMIALOWSKI/AFP via Getty Images)

The meeting Friday will include big names like Nick Saban, Urban Meyer, Adam Silver and Tiger Woods. Trump has been adamant about “saving college sports,” even signing an executive order setting new restrictions on payments to college athletes back in July.

However, ESPN college analyst Paul Finebaum, who has previously hinted at a congressional run as a Republican, remains a bit skeptical.

“The easiest thing, guys, is just to say this is ridiculous,” Finebaum said to Greg McElroy and Cole Cubelic on WJOX. “And I read the other day, ‘Why is Nick Saban going?’ Why is anybody going? The bottom line is this. If something doesn’t happen very quickly, and I mean in the next short period of time, we’re talking about weeks, not years, then this thing could blow up.

“However it came about, I’m in favor of. The question now becomes, with some of the most powerful people in Washington in the same room, including the most powerful person in the country, can anything get done, or will it be a circus? Will it be just another show?”

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U.S. President Donald Trump shakes hands with former Alabama Crimson Tide football coach Nick Saban as Trump takes the stage to address graduating students at Coleman Coliseum at the University of Alabama on May 01, 2025 in Tuscaloosa, Alabama. (Anna Moneymaker/Getty Images)

Trump’s order prohibits athletes from receiving pay-to-play payments from third-party sources. However, the order did not impose any restrictions on NIL payments to college athletes by third-party sources.

A House vote on the SCORE Act (Student Compensation and Opportunity through Rights and Endorsements), which would regulate name, image, and likeness deals, was canceled shortly before it was set to be brought to the floor in December.

The White House endorsed the act, but three Republicans, Byron Donalds, Fla., Scott Perry, Pa., and Chip Roy, Texas, voted with Democrats not to bring the act to the floor. Democrats have largely opposed the bill, urging members of the House to vote “no.”

President Donald Trump looks on before the college football game between the US Army and Navy at the M&T Bank Stadium in Baltimore, Maryland, on Dec. 13, 2025.  (Alex WROBLEWSKI / AFP via Getty Images)

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The SCORE Act would give the NCAA a limited antitrust exemption in hopes of protecting the NCAA from potential lawsuits over eligibility rules and would prohibit athletes from becoming employees of their schools. It prohibits schools from using student fees to fund NIL payments.

Fox News’ Chantz Martin and Ryan Gaydos contributed to this report.

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