Rob McElhenney and Ryan Reynolds have now revealed which decision made ‘zero financial sense’ for Wrexham.
Wrexham’s progression under the ownership of Rob McElhenney and Ryan Reynolds has been incredible.
Rob McElhenney and Ryan Reynolds admitted that their decision to buy Wrexham AFC and invest heavily in the club made “zero financial sense.” Despite the significant financial losses, which include the club owing them over $11 million, they have continued to pour money into the team. The pair purchased Wrexham in 2021 for $2.5 million, and while the club has seen an increase in revenue and a promotion to the English Football League, its expenses have also grown, leading to substantial financial losses.
From the National League to League One in the space of two campaigns, the Hollywood owners have made some integral decisions that have fast-tracked their progression up the pyramid.
The decision to sign Paul Mullin from Cambridge United in 2021 has turned out massive while their capacity to land big sponsors such as TikTok and United Airlines have placed the Reds on a global footing.
Their success has been unparalleled and the fact they’ve led the Welsh side to a recording-breaking two promotions in a row speaks volumes of their impact.
Like with any ownership in football, though, McElhenney and Reynolds aren’t perfect, revealing they’ve carried out one decision that made ‘zero financial sense’.
Wrexham’s temporary Kop stand made ‘zero financial sense’
One of the first points in their Wrexham mission statement was to improve the stadium with a new 5,500-seater Kop stand.
Sadly, McElhenney and Reynolds discovered it wouldn’t be ready in time for the 2024/25 campaign and instead, the Welsh outfit announced a 2,289-seater temporary stand in December.
