How Much Is Wrexham Worth Now?
Ryan Reynolds and Rob McElhenney’s Hollywood takeover of Wrexham AFC has sparked both excitement and curiosity about the club’s current valuation and fortunes. Since the purchase of the club in November 2020 for £2 million, the owners have made significant investments, injecting much-needed cash and breathing new life into the team’s profile.
With a combined net worth of over £321 million, Ryan Reynolds and Rob McElhenney have not shied away from spending on the club. Their estimated total expenditure stands at around £10 million, which includes signing star players and even buying back the stadium. These bold moves have certainly raised eyebrows but have also given the club an undeniable advantage on and off the pitch.
According to Saxo Bank’s estimates, Wrexham AFC’s worth has experienced remarkable growth, now valued at around £8 million, a quadruple increase from the initial purchase price. This valuation surge can be attributed to the club’s successful promotion back into the English Football League and the immense potential seen in the Hollywood-backed investment.
While criticism surrounding the spending and potential sustainability of the club remains, Ryan Reynolds and Rob McElhenney firmly believe that their substantial investments will pay off in the long run, securing a bright future for Wrexham AFC.
The Hollywood Takeover and Financial Impact
The Hollywood takeover of Wrexham FC by Ryan Reynolds and Rob McElhenney has had a significant financial impact on the club. Research by Saxo Bank shows that the club’s value has tripled since the takeover. This increase in value can be attributed to various factors, including sponsorship deals with companies like TikTok, Aviation American Gin, Expedia, and Vistaprint.
The success of the “Welcome to Wrexham” documentary has also played a part in elevating the club’s profile and generating revenue. The documentary received a high audience score and was signed for a second season, earning the club an estimated £2.5 million.
Wrexham FC’s social media following has significantly grown since the takeover, with a 1,040% increase in Twitter followers, a 3,111% increase in Instagram followers, and 1.2 million followers on TikTok.
The number of fans buying season tickets has nearly tripled, and the club’s global reach has expanded, with increased viewership on ESPN.
The financial success of the club is further expected to improve with a friendly match against Manchester United and a potential sale of the club, which could fetch around £10 million.
The Future of Wrexham FC
Following the Hollywood takeover, the future of Wrexham FC is looking bright. Despite initial losses, the club has experienced a remarkable 404% increase in turnover, reaching nearly £6 million. This significant growth can be attributed to the club’s return to the Football League, which has contributed to a 300% increase in its value since Ryan Reynolds and Rob McElhenney’s £2 million investment.
Winning the National League title has brought additional financial benefits for Wrexham FC. The club is expected to earn approximately £1 million in prize money alone from this achievement. Furthermore, the construction of a new 5,500-seater stand at the Racecourse Ground will enhance matchday revenues, adding to the financial boost.
The Hollywood takeover has also propelled the popularity of Wrexham FC. The success of the “Welcome to Wrexham” documentary and the club’s expanded social media following have generated a surge in revenue growth. With increased exposure and global recognition, the club is on track to capitalize on its enhanced reputation.
With a solid financial foundation and continuous growth, Wrexham FC is poised for a bright future in the Football League. The investments made by Ryan Reynolds and Rob McElhenney have already resulted in a substantial value increase, and the club’s upward trajectory shows no signs of slowing down.
