The Associated Press
Owning a soccer club is hitting Ryan Reynolds in the wallet. Wrexham, the Welsh team bought by Reynolds and fellow Hollywood actor Rob McElhenney in 2021, released its accounts for the latest financial year on Thursday and reported that the amount owed to celebrities has risen to nearly 9 million pounds . That was up from 3.7 million pounds from the previous year, ending June 2022. While the club said turnover rose from nearly 6 million pounds to 10.
Wrexham is three points above fourth-place MK Dons with a game in hand. Wrexham said the club’s losses were “deemed necessary to allow the club to maximize its full potential in the shortest time practically possible.” “The club is under no immediate pressure to repay these loans at the expense of the progress we seek to achieve,” Wrexham said, “and further financial support will be provided/secured to support the capital expenditure projects the club is currently planning.
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