The eye-watering sum of money Ryan Reynolds has spent and lost on Wrexham

Wrexham’s second successive promotion moved them back into the third tier of English football for the first time in 21 years.

Having returned to the Football League last season, the Red Dragons’ 6-0 victory against Forest Green Rovers on Saturday, coupled with results going their way elsewhere, meant the north Wales club continued on their fairy tale run.

Co-owned by Hollywood stars Ryan Reynolds and Rob McElhenney, who took over the club in November 2020, Wrexham have now overseen successive promotions for the first time in their 159-year history.

The A-list pair, who bought the Reds for an estimated £2million, have pumped vast sums of money into the club, with the squad now valued at £7.85million, the highest in League Two this season.

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Next term they will face sides with far higher transfer budgets, such as Blackpool, Reading and Portsmouth.

The co-owners spoke about the joy of the “underdog story” when they purchased the club and, despite not being in attendance, the result left Reynolds in tears as he watched on from America, where he is working on his next film.

This promotion not only brings the club further publicity, as they get to play against bigger sides in larger stadiums, but it also comes with a financial bonus.

However, football club ownership has not been entirely plain sailing for the duo. During an episode of their Welcome to Wrexham documentary aired last year, they were told they had lost around $12million since taking over the club, Reynolds responded: "I'm going to throw up."

A March 2024 report showed the club had suffered a £5.113million loss following a greater expenditure to increase the speed of the club’s growth.

“The financial losses suffered by the club since the takeover shouldn’t be repeated, with income generated by the club now sufficient to meet the operational costs of the club going forward,” they said.

“These losses were deemed necessary to allow the club to maximise its full potential in the shortest time practically possible.”

The report did state that the turnover was £10.478million, up from £5.972million in 2022, with most of that increase coming from advertising, sponsorship and their FA Cup success.

This season Wrexham, and every League Two side, received £472,000 as a base fee and a further £430,000 solidarity payment from the Premier League.

They also receive funding through the EFL’s streaming service, taking the central to payment to around £1.1million.

Next season in League One those figures will rise to £677,000 and £642,000 respectively.

Last season the co-owners promised their squad a £250,000 promotion bonus. It remains to be seen if the duo will provide further incentives this time around.