How much did Ryan Reynolds lose investing in a football club?

After purchasing Wrexham Football Club, in 2021, Ryan Reynolds and Rob McElhenney gained the spotlight after a series telling the story of the investment, but the loss from the venture was large; check out

O Wreham Football Club, despite the complicated situation it finds itself in, is one of the most traditional clubs in England. Founded in 1864, it is the third oldest team in the world and recently gained important visibility after the acquisition of Ryan Reynolds It is Rob McElhenneyin 2021, and gain sponsorship from TikTok.

The acquisition of the club was around 2 million pounds, approximately 12 million reais at the current price, but the celebrities lost more money in this venture, despite the potential return in the coming years. Even with this initial investment below, the estimate is that the pair have lost more than 10 million pounds to date.

In information taken from the series ‘Welcome to Wrexham’, Shaun Harvey, advisor to the English club, revealed that the duo could have lost approximately five times the amount invested. However, he is aiming for a return in the near future. “The value that comes from the global appeal we are able to create will offset the additional costs we create,” said the leader.

After leaving the fifth division for the fourth, considered a very important access task in English football, the tendency is for Wrexham to receive even more visibility. Furthermore, with a latent possibility of another consecutive access, Reynolds and McElhenney’s losses could be reversed over time. However, at the moment, the duo is “negative” in command of the century-old team.

Wrexham team in action (Credit: Getty Images)

Source: sportbuzz

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