How Did Reynolds and McElhenney Acquire Wrexham FC in the UK from 29th Century Fox?
It's a pinch-yourself moment for the fans of Welsh club Wrexham, as their beloved team found a new family in 2020. Actors Ryan Reynolds and Rob McElhenney purchased Wrexham FC in a US$2.5 million deal, officially becoming the club's new owners in 2020. This acquisition not only sparked excitement among Wrexham fans but also tied the deal to the broader narrative of how Hollywood figures are entering the world of English football.
From Hollywood to the Pitch
While it's not uncommon for wealthy individuals to invest in sports teams, the connection between Reynolds and McElhenney and Wrexham FC is particularly noteworthy. Ryan Reynolds, best known for his roles in blockbuster films such as Deadpool and John Wick, and Rob McElhenney, who gained fame through the TV show It's Always Sunny in Philadelphia, have found a new passion in football.
McElhenney had a personal connection to Welsh heritage, which fueled his interest in acquiring a football team in the UK. He believed that Wrexham FC, playing at the fifth tier of English football, could be transformed into a significant player on the global football scene. This admiration for the club is best summed up by Reynolds, who stated, 'Football is a huge part of our culture, and we want to work with the club to help it thrive and grow.'
Previous Ownership Claims
However, it's important to note that there was an earlier claim suggesting that 20th Century Fox might have been behind this purchase. In the past, rumors suggested that the acquisition might have been part of a deal that Rupert Murdoch, the founder of 20th Century Fox, orchestrated to bring Wrexham FC into the family. These claims, however, were unsubstantiated and later clarified by official statements.
As of September 2021, these rumors proved to be incorrect, and the official acquisition was through Reynolds and McElhenney. They acquired a significant stake in the club and took a more direct role in its management, while the Wrexham Supporters Trust retained a key role in the club's decision-making and community engagement.
The Future of Wrexham FC
The acquisition by Reynolds and McElhenney marked a new era for Wrexham FC, as they brought their business acumen, personal passion, and extensive media reach to the table. The duo's plans for the club include substantial investments in the team's infrastructure, promotion, and community outreach. Reynolds and McElhenney are looking to make Wrexham FC a global brand, drawing inspiration from successful models like Fenway Sports Group, which oversees the Manchester City and Liverpool FC.
The club has already started collaborating with Reynolds and McElhenney's production company, Ascent Entertainment, to create an entertainment-enriched football experience, incorporating film and television elements into match days and community events.
With the new owners' vision and support, Wrexham FC is poised for a renaissance. Fans are hopeful that these changes will bring the club to new heights and further establish it as a significant player in the world of English football.
Conclusion
In the ever-evolving landscape of football ownership and investment, the acquisition of Wrexham FC by Reynolds and McElhenney stands out as a unique success story. It combines Hollywood glamour with grassroots football, offering a fresh perspective and new opportunities for the club and its passionate fan base. While it's always wise to keep an eye on the latest developments, this acquisition already marks a promising start for Wrexham FC's future.
If you're interested in more updates or detailed information about the acquisition and the club's plans, be sure to follow official news sources and announcements from the club, as well as relevant media outlets reporting on the latest developments in English football.