Ryan Reynolds and Rob Mac have been eyeing fresh investment in Wrexham after the club’s promotion to the Championship.
The North American duo have already seen a major return on their investment after buying Wrexham for £2m in February 2021.
The Red Dragons posted record profits in 2023/24, and it’s thought their turnover was the highest in the history of League Two.
Another record year is expected when the latest set of accounts are released in 2026, with the club’s valuation continuing to soar.
It emerged earlier this summer that Ryan Reynolds and Rob Mac want to sell a Wrexham stake, with a valuation of £350m given at the time.
It comes after the duo have already partnered with the Allyn family, who are worth over £1bn.
Following the club’s latest confirmation statement, which was made public this week, there was no mention of their investment in Wrexham AFC’s Companies House.
Wrexham shareholding changes
The 2024 confirmation statement named two separate shareholdings at the time:
- Shareholding 1: 4447484 transferred on 2023-08-04 0 ORDINARY shares held as at the date of this confirmation statement
- Name: THE R.R. MCREYNOLDS COMPANY, LLC
- Shareholding 2: 4447484 ORDINARY shares held as at the date of this confirmation statement
- Name: WREXHAM HOLDINGS, LLC
The recent 2025 statement, however, has just one shareholding listed, with THE R.R. MCREYNOLDS COMPANY, LLC removed.
- Shareholding 1: 4447487 ORDINARY shares held as at the date of this confirmation statement.
- Name: WREXHAM HOLDINGS, LLC
Ryan Reynolds and Rob Mac could have found new major investors already
We have now spoken to finance expert Adam Williams about this, who has explained the recent changes to the club’s Companies House and why the Allyn family are not listed.
He explained: “In the last full reported financial year, 2023-24, Wrexham restructured the ownership.
“They consolidated the shares owned by R.R. McReynolds Co into a broader umbrella company called Wrexham Holdings LLC, which will house Reynolds and McElhenney’s stakes, as well as the Allyn family’s investment.
“Wrexham Holdings LLC is domiciled in Delaware in the US, which is famous for having very, very minimal reporting requirements. That means we aren’t ever going to get the full financial picture with the holding company.
“We do know, however, that the Allyn family’s stake is wrapped up in a company called Red Dragon Ventures, which is also based in Delaware.
Williams went on to say that unless a shareholder has voting rights of more than 25 percent, that information does not need to be disclosed in the UK, which, in theory, means Reynolds and Mac could have already found new investors without anyone knowing.
He continued: “When we see more minority investors come in – and I think that’s a question of when, not if – then I’d be pretty confident that their interests in the club will be housed in Wrexham Holdings LLC too, as opposed to being made in the UK.
“Unless a minority shareholder’s shares of voting rights are more than 25 percent, they aren’t under any obligation to publicly disclose that information in the UK. In theory, that means Wrexham could have a major new investor without us even knowing.
“That said, Wrexham like to shout about everything they do. That’s the business model – and it will be the same when there is more movement on the part-takeover front.”