The massive amount of money that Wrexham is now worth has been revealed after Ryan Reynolds and Rob Mac sold some of their shares.
Wrexham have become one of the biggest names in the English football pyramid since Reynolds and Mac purchased the club in 2021.
Since their arrival at the Welsh side, they have helped lead the club from the National League to the Championship, earning three consecutive promotions during this time.
Off the pitch, the pair have also massively raised the club's profile, offering behind-the-scenes access in the Disney+ series Welcome to Wrexham.
Advert
And now Reynolds and Mac have cashed in on this success as a fresh evaluation has revealed the stunning amount that Wrexham is now worth.
Reynolds and Mac spent about £2 million when they purchased Wrexham back in 2021.
Earlier this year, it was revealed that Wrexham’s valuation was around £100million, a massive increase, after the Allyn family from New York acquired a stake of around 15%, reducing Reynolds and Mac's stake to 85%.
Less than 12 months later, that valuation has now more than tripled, with a report from Bloomberg claiming that it is now worth up to £350m.
If true, this would comfortably make Wrexham the most expensive team in the Championship.
For comparison, Sheffield United, which just missed out on promotion to the Premier League at the end of least season, was recently bough at a valuation of roughly £111 million.
Therefore, it comes as no surprise that both Reynolds and Mac have decided to sell an small undisclosed stake in the club, reported to be less than 10%, to Apollo Sports Capital, who also recently acquired a major stake in Atletico Madrid.
Apollo Sports Capital is estimated to be worth an incredible $900billion (£677.35b) and it appears they are ready to spend big at Wrexham, with plans to redevelop the club's Racecourse Ground.
It is reported that they hope they can get the ground ready to host a match at the FIFA Women's World Cup in 2035, should the home nations successfully win a bid for the competition.
In a statement announcing the deal, Reynolds and Mac said: “The dream has always been to take this club to the Premier League while staying true to the town.
“Growth like that takes world-class partners who share our vision and ambition, and Apollo absolutely does.
"We have known Al Tylis, the chief of Apollo Sports Capital, for many years and are thrilled to now have ASC join the Wrexham family as we take the next step forward together.”
Topics: Ryan Reynolds, Rob McElhenney, Football, Wrexham
Ben McCrum