Since acquiring Wrexham AFC in 2021, Ryan Reynolds and Rob McElhenney have transformed the modest Welsh football club into a global sensation. Their commitment, humor, and deepening connection with Wrexham’s community have driven this journey, propelling the club’s ambitions beyond local leagues. Now, the Hollywood owners have expressed their excitement over a fresh investment from the Allyn family, a prominent New York-based family with a long-standing reputation in medical manufacturing. This strategic investment brings a wealth of resources and marks a significant milestone for the club’s growth.
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The Allyn family’s entry as minority stakeholders has left Reynolds and McElhenney “blown away” by the opportunity to expand Wrexham’s reach and bolster their goal to elevate the club’s standing. Reynolds and McElhenney’s joint statement about the new investors reflects both their gratitude and eagerness to propel Wrexham AFC into new territories, reinforcing their ambitions for the club and its dedicated fanbase.
The Allyn Family: New Partners with a Storied Legacy
The Allyn family, founders of Welch Allyn Inc., have a century-long legacy of successful business practices, making their entry into Wrexham a unique and exciting development. Having accumulated wealth and knowledge through Welch Allyn’s influential role in medical manufacturing, the Allyn family sold the company in 2015 for an impressive $2 billion, and since then, has transitioned into various investment ventures. The family’s decision to invest in Wrexham speaks to both the club’s growing appeal and the careful vetting that Reynolds and McElhenney have undertaken to bring reputable partners on board.
The involvement of the Allyn family is about more than financial support—it signals a commitment to Wrexham’s community and long-term vision. In their initial meeting, Reynolds and McElhenney were struck by the Allyn family’s kindness, intelligence, and shared values. Eric Allyn, manager and chief investment officer of the family’s investment branch, expressed that this partnership is an extension of the family’s longstanding commitment to nurturing strong communities. “For more than a century, our family has focused on building great companies while also uplifting wonderful communities,” he explained, drawing parallels between their decades-long efforts in Syracuse and the aspirations for Wrexham.
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New Funding, New Ambitions: Wrexham’s Path Forward
With the Allyn family as minority investors, Wrexham AFC is well-positioned to aim higher. Reynolds and McElhenney have consistently stated their desire to make Wrexham a competitive force, setting their sights on League One and beyond. This investment is part of a broader strategy to achieve these goals and will likely aid the Hollywood duo’s efforts to bridge the gap between Wrexham’s ambitions and its resources.
The actors’ unwavering commitment has inspired Wrexham’s supporters, who are excited to see this new phase unfold. In a statement, the Wrexham co-owners expressed optimism about the future. “Wrexham has earned the world’s attention, and we are focused on bringing on board world-class partners to help with the next phase of our growth,” they stated. This announcement highlights the duo’s desire to propel Wrexham into higher leagues, possibly even the Premier League—a feat that would redefine the club’s place in British football.
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Wrexham’s fans have witnessed the incredible progress under the duo’s stewardship. The team’s two consecutive promotions under manager Phil Parkinson have brought them to League Two, edging them closer to the Premier League. Now, with the backing of new investors, Wrexham is poised for yet another leap.
Red Dragon Ventures LLC: A New Chapter in the Wrexham Story
In addition to the Allyn family’s investment, Reynolds and McElhenney have also formed a new entity, Red Dragon Ventures LLC, which will serve as the primary vehicle for their investments in Wrexham AFC and other ventures related to the club. Red Dragon Ventures recently secured a majority stake in Wrexham Lager, a historic Welsh beer brand that has been brewed since the 19th century. The owners’ acquisition of Wrexham Lager reflects their dedication to the community and their intention to promote Welsh heritage on a larger scale.
This acquisition of Wrexham Lager not only deepens Reynolds and McElhenney’s ties to Wrexham but also introduces a distinct business component that enhances the club’s local appeal. The duo sees Wrexham Lager as an important part of the area’s identity and are excited to help “write its next chapter.” For Reynolds and McElhenney, owning this brewery is about more than expanding their portfolio—it’s about intertwining their brand with Wrexham’s historical fabric and giving fans a new way to celebrate their support for the club.
The new investors share this sentiment. In a joint venture with Red Dragon Ventures, the Allyn family sees an opportunity not only to grow Wrexham AFC but also to uplift the surrounding community. Both parties have emphasized the importance of preserving Wrexham’s heritage while pushing forward with plans for expansion. Kaleen Allyn, Eric Allyn’s daughter, was recently seen at Wrexham’s iconic Racecourse Ground, symbolizing her family’s active involvement and support for the club’s vision.
Ryan Reynolds and Rob McElhenney’s Growing Legacy at Wrexham AFC
Since taking ownership of Wrexham AFC, Reynolds and McElhenney have become more than just co-chairmen—they’re the heart of the club’s renaissance. From major wins on the field to strategic investments, they have continuously delivered for Wrexham’s supporters. Their enthusiasm and dedication have rekindled fans’ hope, uniting the community and inspiring a new wave of support for the team.
In a humorous YouTube announcement about the Allyn family investment, the duo jokingly expressed their shock, saying they were “literally speechless.” The Hollywood co-owners communicated using Morse code, showcasing their trademark wit and humor. This playful message resonated with fans, who appreciate the unique charm they bring to the club.
In their statement, McElhenney and Reynolds also touched on the joys and challenges of running a football club, commenting on the nuances of the offside rule, the strong connection between club and community, and, humorously, “the occasional need for beer—especially after finance meetings.” This light-hearted approach reflects their willingness to embrace the cultural elements that define British football.
Community Focus: The True Heart of Reynolds and McElhenney’s Vision
As the duo deepens their involvement, their focus remains on Wrexham’s community. The Allyn family’s investment is another step in this journey, embodying the values that Reynolds and McElhenney have promoted since day one. Their belief in community-driven growth and the preservation of local culture aligns with Wrexham’s traditional values, offering fans more than just sports—it’s about a sense of belonging.
The Hollywood stars’ ongoing success with Wrexham has inspired other celebrities, including Snoop Dogg, who recently expressed interest in investing in Celtic Football Club, citing Reynolds and McElhenney’s work as an example. This influence illustrates how their efforts have reached far beyond Wales, showcasing a blueprint for celebrities wanting to make a positive impact on local communities.
The Path to the Premier League: A Realistic Dream?
With the backing of new investors, Wrexham’s journey toward the Premier League seems more plausible than ever. Reynolds and McElhenney have set lofty goals, and although the path won’t be easy, their vision, bolstered by strategic partnerships like the one with the Allyn family, makes it a tangible aspiration. Fans are already excitedly envisioning Wrexham playing against top-tier teams, a feat that would elevate the club’s status and put Wrexham on the world football map.
The co-owners’ dream of reaching the Premier League has resonated with Wrexham’s dedicated supporters, who are now more hopeful than ever. With each victory, each new partnership, and each investment, the dream draws nearer, inspiring fans, players, and the entire Wrexham community.
The partnership between Ryan Reynolds, Rob McElhenney, and the Allyn family marks a transformative moment in Wrexham’s journey. With their commitment to community, strategic investments, and genuine love for the club, the Hollywood owners are rewriting Wrexham’s story and giving fans a new legacy to cherish.
Through Red Dragon Ventures and their acquisition of Wrexham Lager, Reynolds and McElhenney are not just investing in a football club—they’re investing in Wrexham’s people, culture, and future. This Halloween, the Wrexham co-owners reminded fans once again of their dedication, passion, and the exciting road ahead. As Wrexham AFC’s star continues to rise, one thing is certain: Reynolds and McElhenney’s journey with the Red Dragons is just beginning.
