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However, the match did not follow the script as the stars may have hoped as 10-man Wrexham were beaten 3-2 by Maidenhead United at the York Road stadium.
Despite the result, Deadpool actor Reynolds, 45, appeared to enjoy his first taste of British football, sharing pictures from the National League game with his more than 39 million Instagram followers.
They included snaps of him and McElhenney smiling in the stands.
He wrote alongside the pictures: “Football is a beautiful, heartbreaking, soul-deadening, evil and gorgeous game and I’m never sleeping again.”
He tagged both Wrexham’s official account and that of It’s Always Sunny In Philadelphia creator McElhenney.
Football is a beautiful, heartbreaking, soul-deadening, evil and gorgeous game and I’m never sleeping again
Reynolds and McElhenney, 44, made headlines after taking 100% ownership of the fifth tier Red Dragons in February this year.
They took over from the Wrexham Supporters’ Trust and made a £2 million investment under the terms of the deal.
Tuesday’s game was the first Wrexham fixture the duo have attended since taking over as owners of the club.
Wrexham fan Andy Gilpin said he was “gobsmacked” to see the Hollywood owners at York Road and that their appearance had “given supporters a boost”.
“We had an inkling that they may have shown up today but we didn’t actually think that might happen until we saw them in the stand,” Mr Gilpin told the PA news agency.
“Obviously that gave everyone a big boost – they’re there, you can see them, they were waving to the fans.
“We knew they were in the area and we knew they’d landed about six hours ago but we thought this probably would be a game too far for them, then we saw a lot of stewards rushing around just before the kick-off and then the rumour came round that ‘yeah they’re here’.
“There’s media hype and then there’s showing up at Maidenhead away which isn’t the sort of Hollywood entrance really, it’s a very low-key ground, and to see two Hollywood stars there in the middle of the home stand, we were just gobsmacked you know.
“It’s quite a statement to come here to Maidenhead away and fair play to them for doing that.
“For them to come here – it shows that they mean business.
“I didn’t expect them to be here, I thought they would keep it for Torquay where they’d have a red carpet entrance and to see them here was just amazing.
“I went down and took a very blurry photo of two people waving to someone and to be honest it gave us all a great boost, it was really great to see them.”