Up to a point but in reality no. They have record revenues (for reference that £10.5m revenue is about double Shrewsbury’s) but still incurred huge losses. Would love to know what the around £10m of expenditure they incurred that wasn’t wages was too!Is the money from selling the TV show and other commercial deals, merch etc not bank-rolling the club pretty much? I genuinely don't know.
Further to that all the money that Reynolds and McElhenney have invested is in the form of a loan, with interest payable. No doubt exciting times for the club in comparison to the drudgery of finishing between 16th and 20th in league one every season, but it will be interesting to see just how far they can go.
From: https://x.com/kieranmaguire/status/1773374881532359112?s=46&t=3fmWWCBeIheUsdyTLTV1Tg