Incurred $70,000 Loss Every Week, Ryan Reynolds’ Wrexham Receives Massive $21 Million Boost Following Historic Promotion

It’s a Hollywood story right out of the movies. Ryan Reynolds has helped steer a small Welsh town’s soccer club into a major force. This remarkable feat was made even more impressive when Wrexham AFC won their promotion back to the Football League this season.

Wrexham’s tumultuous 2022-23 season saw them win the National League, securing promotion to the EFL League Two after a 15-year absence from the competition. As if that wasn’t enough of a success story, the Welsh club is set to receive $21 million.

Wrexham receives a huge cash injection

In a bid to support Wrexham further and give the club the resources it desires, the Welsh government has announced that it will be providing the club a generous and massive $21 million. This money will help the club in multiple ways.

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First and foremost, the Racecourse Ground will get a much-needed revamping as the current capacity stands at 10,500. With the $21 million, Wrexham will be able to push those numbers up to 16,000. This will bring the stadium up to international standards and enable it to host the Welsh national team.

This is an extremely beneficial move for Ryan’s Wrexham side, especially since they are now set to join the EFL League Two in the 2021-22 season. Not only does this money help the club, but it is also a great boon for the town of Wrexham. The news of the $21 million cash injection for Wrexham is an exciting one for all involved. This money may even help The Deadpool star recover the $70,000 loss per week.

To get money, Ryan Reynolds had to spend it first

Wrexham while now enjoying the fruits of its labor, last year lost a lot of money. The Red Dragons experienced financial losses as a result of the large investments they made in players and staff. Reports show that they lost approximately $70k per week on average.

This included an unprecedented record-breaking investment of 1.4 million USD in 2022-23, as well as doubling their staff to meet the increased need with lifting covid restrictions. Fortunately for Wrexham, all their hard work paid off as the team finally won promotion and has become a global phenomenon.

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What are your thoughts on this cash boost? Let us know in the comments.