‘Don’t Think Reynolds’ Accountant Told Him to Invest’: Financial Logic Tipped to Be Thrown Out as Wrexham Owner Ryan’s $218,000,000 Alpine Gamble Kicks Off

As children, a lot of us had ambitions of being rich and famous. And as a result of that, we can do anything we want. Some of us might have realized it, some are on the journey, and a lot still finding their way. One Person belonging to the former group is Canada-born Hollywood actor Ryan Reynolds. He is at the top of his field in the movie business and has started doing side quests. After successfully turning around the soccer team, Wrexham AFC, he has invested in the F1 Team Alpine. And according to a famous author, Reynolds has not based the investment on proper financial logic.

Ryan Reynolds and Rob McElhenney invested $2.5 million to buy Wrexham AFC. And they successfully led the club to being promoted to League 2. After that investment, the duo, along with Otro Capital, and RedBird Capital Partners, acquired 24% of Alpine by investing $218 Million. But, as per Grant, author of the 2022 book “Hollywood Sports Movies and the American Dream“, Reynolds has taken the decision based on an impulse.

Wiedenfield said, as quoted by nbcnews, “Maybe there’s some aspect to the business, but I don’t think it’s [Reynolds’] accountant telling him to go invest in this. It’s this crazy idea of ‘Wow, this is an interesting scene to be involved in.’ There’s a sense of adventure to it. … It’s unexpected, and that’s what makes it exciting for him and the public to follow along with it.”

Read More: $135,000,000 Obstacle Tipped to Shatter Ryan Reynolds’ Masterplan to Carry Out Wrexham’s Successful Business Model With Alpine

We don’t know what the decision was based on, but as per the latest reports, the Hollywood duo has not invested anything to acquire a stake in Alpine

Ryan Reynolds and Rob McElhenney Didn’t Pay a Dime for Acquiring Stake In Alpine

Ryan Reynolds, Rob McElhenney, and Michael B. Jordan are co-owners at Maximum Effort Investments. And their latest investment in Alpine did not cost them any money. It is their fame that would be made use of to promote the team and the sport.

The Hollywood actors are men with great personalities. And that should serve as great PR for the team. Along with that, there might be talks of a documentary being made about the team. But the money that the rest of the consortium has pumped in has already started helping Alpine. The team has already paid off a $20 million loan on their Oxfordshire-based headquarters.

Watch This Story: Amidst Allegations Against Ryan Reynolds’ $218 Million Investment, Alpine CEO Finally Speaks About the Mega Deal

The intricate details of the deal have not been revealed. But, Alpine is sure to benefit from the investment and some good PR and fame.