Wrexham AFC
R.R. McReynolds Company LLC (Rob McElhenney & Ryan Reynolds) acquisition · 16 Nov 2020
- Seller
- Wrexham Supporters' Trust (WST)
- Stake acquired
- 100%
- Control
- Yes
- Reported consideration
- Undisclosed
- Implied equity value
- —
- League
- National League
- Country
- Wales
- Confidence
- MEDIUM
R.R. McReynolds Company LLC (Rob McElhenney & Ryan Reynolds) acquired 100% of Wrexham AFC from Wrexham Supporters' Trust (WST), announced 16 Nov 2020, closing 9 Feb 2021.
The purchase consideration was not disclosed. €2.3m was announced as an investment commitment.
- Announced
- 16 Nov 2020
- Closed
- 9 Feb 2021
- Stake after transaction
- 100%
- Status
- completed
Reported consideration
What the buyer reportedly paid for the stake
Implied 100% equity value
Calculated: consideration ÷ stake acquired
Reported club valuation
Enterprise value
Only shown when debt/cash near the transaction date is established
Debt assumed / restructured
Primary capital injection
Total announced investment commitment
Commitments are not purchase price and not valuation
Nearest pre-acquisition financial year: 2019/20
Revenue
Wages
EBITDA
Net debt
Net income
This deal is the textbook case of consideration vs. committed capital being conflated in casual reporting. Wrexham AFC was owned by the not-for-profit Wrexham Supporters' Trust, which transferred 100% ownership to R.R. McReynolds Company LLC (McElhenney/Reynolds) for no disclosed cash purchase price — media consistently frame the transaction as effectively a nominal-consideration takeover conditioned on the buyers' binding commitment to inject £2,000,000 into club operations, approved by WST members at a 98% approval vote on 16 November 2020. Completion followed on 9 February 2021.
2021-02-09 — “Confirms buyer R.R. McReynolds LLC, seller Wrexham AFC Supporters Trust, completion Feb 9 2021, 100% control, and £2m injected into the club as part of deal terms; no purchase price disclosed.”
2021-02-09 — “Buyer entity RR McReynolds LLC took 100% ownership from Wrexham Supporters Trust on Feb 9 2021; £2m investment made under deal terms; purchase price not disclosed.”
- Wrexham Supporters' Trust member vote coverage (search-aggregated: BBC/Sky reporting on Nov 16 2020 vote) ↗Tier 3 · media
2021-02-09 — “Recaps that over 2,000 WST members voted ~98% in favour of the sale on 16 November 2020, treated here as the announcement/agreement date ahead of the Feb 2021 completion.”
- Insider Media / BBC Wales reporting on Wrexham AFC FY2022 accounts (financial trajectory) ↗Tier 3 · media
2025-03-31 — “Club's own account of post-takeover turnover growth; used only to confirm no clean pre-acquisition FY2019/20 revenue figure is disclosed in club materials.”
- Celebrity Net Worth — "How Ryan Reynolds And Rob McElhenney Turned A 'Free' Welsh Soccer Club Into A $500 Million Empire" ↗Tier 5 · media
2025-08-01 — “Reports acquisition was effectively for a nominal fee with the binding £2m operational investment commitment; included only as corroborating secondary colour, not verified by direct fetch in this pass.”