Home/Soccer

via Getty

It’s a Hollywood story right out of the movies. Ryan Reynolds has helped steer a small Welsh town’s soccer club into a major force. This remarkable feat was made even more impressive when Wrexham AFC won their promotion back to the Football League this season.

Wrexham’s tumultuous 2022-23 season saw them win the National League, securing promotion to the EFL League Two after a 15-year absence from the competition. As if that wasn’t enough of a success story, the Welsh club is set to receive $21 million.

Wrexham receives a huge cash injection

ADVERTISEMENT

Article continues below this ad

In a bid to support Wrexham further and give the club the resources it desires, the Welsh government has announced that it will be providing the club a generous and massive $21 million. This money will help the club in multiple ways.

Dive Deeper: With Double of the Net Worth Now at Helm, Ryan Reynolds’ Billion Dollar Heartbreak Could Be a Major Boost for Wrexham Ahead of EFL League Two

Trending

Jurgen Klopp’s Ex Wife: Meet Sabine Klopp, Liverpool Boss’ Spouse Before Divorce in 2001

Jurgen Klopp’s Son: Meet Ex-Borussia Dortmund Star Marc Klopp, Now a Businessman

Putting Rivalry Aside, Serena Williams Lauds ‘Cousin’ Lynn Williams Breaking NWSL’s All-Time Scoring Record

Pep Guardiola’s Net Worth in 2024: How Much Does the Manchester City Boss Earn From Salary, Endorsements & More

Ditching Manchester City, Rio Ferdinand Ready to ‘Dry’ Arsenal’s Tears Despite Wanting Mikel Arteta to End Pep Guardiola’s PL Hopes

First and foremost, the Racecourse Ground will get a much-needed revamping as the current capacity stands at 10,500. With the $21 million, Wrexham will be able to push those numbers up to 16,000. This will bring the stadium up to international standards and enable it to host the Welsh national team.

via Imago

This is an extremely beneficial move for Ryan’s Wrexham side, especially since they are now set to join the EFL League Two in the 2021-22 season. Not only does this money help the club, but it is also a great boon for the town of Wrexham. The news of the $21 million cash injection for Wrexham is an exciting one for all involved. This money may even help The Deadpool star recover the $70,000 loss per week.

To get money, Ryan Reynolds had to spend it first

Wrexham while now enjoying the fruits of its labor, last year lost a lot of money. The Red Dragons experienced financial losses as a result of the large investments they made in players and staff. Reports show that they lost approximately $70k per week on average.

ADVERTISEMENT

Article continues below this ad

This included an unprecedented record-breaking investment of 1.4 million USD in 2022-23, as well as doubling their staff to meet the increased need with lifting covid restrictions. Fortunately for Wrexham, all their hard work paid off as the team finally won promotion and has become a global phenomenon.

ADVERTISEMENT

Article continues below this ad

WATCH THIS STORY: Wrexham Owners Net Worth Comparison

What are your thoughts on this cash boost? Let us know in the comments.

Written by

Saransh Chauhan

1,190Articles

One take at a time

Saransh Chauhan is a soccer writer at EssentiallySports. With a particular admiration for Lionel Messi, Saransh is committed to exploring every facet of the world's most popular sport in his work. At EssentiallySports, Saransh is known for his versatility as a writer, covering a wide range of topics with an open-minded curiosity that allows him to excel in all areas of the industry.
Show More>

Edited by

Sreeda U M