Rob McElhenney and Ryan Reynolds owed nearly £9million by Wrexham

Wrexham lost £5 million (€5.85 million) in the year of their promotion to the English Football League and now owe nearly £9 million Hollywood owners Rob McElhenney and Ryan Reynolds.

But turnover doubled to almost £10.5m and Wrexham say financial losses suffered since McElhenney and Reynolds’ takeover in February 2021 should not be repeated due to the income now generated by the League Two club.

“The amount owed to The RR McReynolds Company, LLC (owned by McElhenney and Reynolds) at the year-end was £8.977m (2022: £3.714m),” read a Wrexham statement.

“The financial losses suffered by the club since the takeover shouldn’t be repeated, with income generated by the club now sufficient to meet the operational costs of the club going forward.

STATEMENT | Wrexham AFC Annual Report & Financial Statements - y/e June 30, 2023