Ryan Reynolds has gone from a little known actor to a billionaire movie star. Companies he co-owns or has sold are valued at over $14 billion. Who wouldn't want to follow his footsteps.
In 2021, Reynolds was among several celebrities to invest in Canadian startup Wealthsimple. He and other Marvel movie stars (incidentally) invested in 1Password earlier this year. Reynolds also co-owns Wrexham A.F.C., a football club in Wales, with 'It's Always Sunny in Philadelphia' actor Rob McElhenney.
Star pair Ryan and Rob spent £2 million buying Wrexham FC, following a successful vote by the Supporters Trust, in November 2020, but have since splashed much more than that on rebuilding the club. They signed star players including Ben Foster, Elliot Lee and Paul Mullin, who all commanded higher wages.
The Deal (2008) | Full Comedy Movie | William H. Macy | Meg Ryan | LL Cool J | Jason Ritter
Is Wrexham making a profit?
Wrexham AFC profit/loss 2020-2022
Wrexham AFC made a loss of nearly three million British pounds in 2022, with owners Ryan Reynolds and Rob McElhenney investing a significant amount in the team's playing squad. Meanwhile, the Dragons' turnover for the same period amounted to nearly six million British pounds.
Reynolds and McElhenney reportedly paid around £2 million ($2.5 million) for the non-league club. To compare this to leagues above them, a League 2 side could cost up to five times as much as Wrexham, whereas some Premier League clubs go into the billions.
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According to Celebrity Net Worth, he was paid "just" $2 million upfront for the movie but had a big share of backend points and took home $22 million as a result. And then, of course, Ryan earned even more for Deadpool 2, by which I mean a rumored $20 to $40 million.
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And, of course, winning the National League title and earning promotion back to the English Football League will have also worked wonders financially for the club. All that means that Wrexham could now be worth £8million, according to Saxo Bank - a 300 per cent increase in just three years.
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Hollywood actors Ryan Reynolds and Rob McElhenney have lost nearly £3m in a year since taking over Wrexham FC. But the pair have pledged to carry on backing the club, despite the financial hit.
Until then, Reynolds and McElhenney have been staying at the luxurious four-star Carden Park estate in Cheshire. The estate is just ten miles away from the Racecourse Ground and boasts top class sporting facilities, which Wrexham's players have used themselves.
Multiple reports all indicated that the price the Hollywood duo paid for the rights to own Wrexham was around £2 million ($2.5 million). Compare that to the several billions that the likes of Manchester United, Chelsea or Liverpool would cost! Ever since then, the club has had major work both on and off the pitch.
