Ryan Reynolds continues to channel his entrepreneurial skills. With a keen eye on the future and a business mindset, the American celebrity has collected a huge amount of profit from his range of investments. He doubled his profit from $150 million to $300 million by investing in Mint Mobile. The Deadpool star is now about to make a sensational move with Wrexham AFC that can earn him more riches.
Reynolds owned a 25% stake in Mint Mobile. The provider was acquired by T-Mobile in a deal worth $1.3 billion. He also sold his American Aviation Gin brand in a deal worth $600 million. Let’s have a look at the sensational idea that Reynolds has in his mind.
Reynolds moves to capitalize on Germany’s favorite drink
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Ryan Reynolds acquired Wrexham AFC alongside Rob McElhenney in a deal worth $2 million. The duo has since invested a lot in the club. Firstly to finance the club running and second, to make investments in the team as they are promoted to a more competitive League Two. As per Mirror, after his venture into the spirit world, he is now ready to move into the beer business. The Deadpool star is looking into trademarks and names that can be used both in the UK and US.
Venturing into the beer business can be a good opportunity to increase the cash flow of the club. Beer is a drink highly popular among soccer-watching audiences in the UK. Many names have been trademarked by the duo already, among them is “R&R Lager” in reference to both of their first names, then there’s “It’s Always Sunny in Wrexham” which is in reference to Rob’s award-winning TV show “It’s Always Sunny in Philadelphia” and the last “Max Effort Lager” in reference to Reynolds’ production house, Maximum effort.
Ryan Reynolds has been constantly trying to figure out aspects of the club he can utilize to bring in more business. Let’s have a look at the different initiatives he has taken.
Welcome to Wrexham
The journey of Wrexham from National League to League Two has been nothing short of a fairytale season for the Welsh side. Reynolds produced a docuseries on Wrexham’s journey called “Welcome to Wrexham”. The docuseries shows all the ups and downs the team faces during their incredible promotion to League Two. The series won two Critics Choice Television Awards and has been nominated for six Primetime Emmy awards.
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The American actor also plans to launch household goods, toys, and clothes creating a franchise around the Welsh-based soccer club. The duo have trademarked some names in the UK and US among them are Wrexham FC 1864, Wrexham FC, and Wrexham is the Name. Immense effort has been put in by Ryan and Rob to take Wrexham to a bigger stage and a larger audience base. From the pre-season tour in the US to accelerating their growth on social media all the credit for it goes to the duo.
Watch this story – Wrexham Owners Net Worth Comparison
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Wrexham are now in League Two where they have won one, lost one, and drew three in their opening fixtures. Amidst this, Ben Foster announced his retirement for the second time. The club is looking for players in the transfer window but needs to complete their signings soon as the deadline day approaches on September 1. Who do you Wrexham should sign next? Let us know in the comments below.