Actors Reynolds, McElhenney complete Wrexham takeover


FILE PHOTO: Actor Ryan Reynolds poses on the red carpet during the premiere of "Deadpool 2" in Manhattan, New York, U.S., May 14, 2018. REUTERS/Shannon Stapleton/File Photo

(Reuters) - Actors Ryan Reynolds and Rob McElhenney have completed the takeover of Welsh team Wrexham, the fifth-tier club said late on Tuesday.

Canadian Reynolds, famed for starring in superhero comedy "Deadpool", and American actor McElhenney, creator and star of sitcom, "It's Always Sunny in Philadelphia", first expressed interest in investing in the club in September.

In November, the club's supporters trust (WST), which owns the club, voted in favour of the move.

"We can now pursue our goal to grow the team and return it to the English Football League (EFL) in front of increased attendances, and in an improved stadium, while making a positive difference to the wider community in Wrexham," Reynolds and McElhenney said in a joint statement https://www.wrexhamafc.co.uk/news/statement-rob-mcelhenney-and-ryan-reynolds-officially-confirmed-as-wrexham-afc-owners.

Wrexham were relegated from the EFL in 2008 and are currently seventh in the National League, one division below the EFL's League Two.

The club said the new owners had also invested 2 million pounds ($2.76 million) as part of the takeover deal and that "first-team player identification" would be a priority.

Further funds will be used to enhance the women's programme.

Wrexham, who have reached the FA Cup quarter-finals three times but have never competed in the top-flight of English soccer, were founded in 1864 and have been owned by their fans since 2011.

($1 = 0.7235 pounds)

(Reporting by Manasi Pathak in Bengaluru; Editing by Peter Rutherford)

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