Owning a soccer club is hitting Ryan Reynolds in the wallet. Wrexham is the Welsh team bought by Reynolds and fellow Hollywood actor Rob McElhenney in 2021. The club has released its accounts for the latest financial year and reported that the amount owed to celebrities was nearly 9 million pounds ($11.37 million). That was up from 3.
FILE - Wrexham co-owner Ryan Reynolds, center, celebrates with members of the Wrexham FC soccer team the promotion to the Football League in Wrexham, Wales, on May 2, 2023. Ryan Reynolds’ Wrexham is headed back to the United States. The low-level Welsh club which has gained global recognition after being bought by Hollywood duo Reynolds and Rob McElhenney, will play English Premier League side Chelsea on July 24. That was up from 3.7 million pounds from the previous year, ending June 2022.
Reynolds and McElhenney purchased Wrexham, one of the world’s oldest soccer teams, for $2.5 million while the club was in the fifth tier of the English game. Wrexham is third in League Two heading into a home game against leader Mansfield on Friday. The top three teams at the end of the season are automatically promoted and the next four enter a playoff for one last promotion spot. Wrexham is three points above fourth-place MK Dons with a game in hand.New Salernitana coach hoping good things come in threes
“The club is under no immediate pressure to repay these loans at the expense of the progress we seek to achieve,” Wrexham said, “and further financial support will be provided/secured to support the capital expenditure projects the club is currently planning.”
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