Hollywood superstar Ryan Reynolds has now revealed an ‘unbelievable’ reason why he purchased Wrexham.
Wrexham have experienced an incredible rise under the ownership of Ryan Reynolds and Rob McElhenney.
The Hollywood duo have injected joy back into a town that was lacking and revived a football club that was so long stuck in the National League.
Wrexham were trapped in the fifth tier of English football for 15 years following their relegation from League Two in 2008.
Fast forward to the present day and the Reds are celebrating back-to-back promotions to the third tier, a level they were last at in 2005.
McElhenney and Reynolds deserve all the credit in the world for pumping serious amounts of cash into the club while making ambitious moves on and off the pitch.
However, the money side of the operation isn’t the main driver behind their ownership, with Reynolds revealing it’s down to another reason.
Ryan Reynolds shares ‘unbelievable’ reason why he bought Wrexham
Many outsiders believe rich businessmen or celebrities purchase football clubs to make money on their investment, but that couldn’t be further from the truth.
Since Reynolds struck a £2 million deal to purchase Wrexham in November 2020, the 47-year-old has reportedly lost £10 million on his initial investment, as of November 2023.
It’s a staggering figure of money to lose in just over three years and demonstrates why he never purchased the Welsh side to accelerate his riches.
As per The Independent, Reynolds said: “History has an unbelievable amount of examples of how this was not the best idea, but we’re not in it to make money and goddamn it, we won’t.
“I think we recognize how lucky we are that we can be in this position where it isn’t about making money or any of those things. I mean, you have to be in a pretty privileged spot to be able to do this to begin with. But eventually, you know, as we climb up the leagues, we’re going to need outside help in order to sustain this club.
“One of our great mission statements and – this is something that is still a huge target – is to create a sustainable model for a sports club like this and allow it to support itself long after we’re dead and gone.”
Ryan Reynolds’ approach to Wrexham is brilliant
Reynolds has approached owning Wrexham in the best way possible.
He knew that while he was never going to make money from his initial investment, becoming engrossed in the club and improving the fortunes of the town was worth more than monetary value.
After all, if he was in it for the money, he wouldn’t have donated thousands of pounds to charities and been of huge help to the wider community.
These actions dispel any concerns that he’s owning the Reds for the money, as he’s shown it’s virtually impossible to profit from owning a football club in the modern era, especially one that was once rotting away in the National League.
This is why many people have become hooked on the Welcome to Wrexham series as it just doesn’t highlight their rise on the pitch, but the positive impact that Reynolds and McElhenney have had on the town itself.
READ MORE: Welcome to Wrexham Season 3: Release Date, How to Watch, Trailer, Episode Schedule and More
More of the same is expected in series three, which returns to our screens on May 2.
The post 'Pretty privileged...': Ryan Reynolds now shares the ‘unbelievable’ reason why he bought Wrexham appeared first on The Wrexham Insider.
