Ryan Reynolds and Rob McElhenney Sell Wrexham Shares for New Venture

Ryan Reynolds and Rob McElhenney discuss their work as owners of Wales' Wrexham AFC football team in FX series Welcome to Wrexham. Now the players who worked to build the brand are selling some of their ownership in the team to work together on another business venture; But they won't have to go very far.

Accordingly Hollywood ReporterThe duo sell a minority stake in Wrexham AFC and buy a local brewery in a bid to expand the club and its influence. They sell the shares to the wealthy New York-based Allyn family and take over the Wrexham Lager brewing company in a new joint venture called Red Dragon Ventures.

“Wrexham has captured the world's attention and we are focused on bringing in world-class partners to help with our next phase of growth,” Reynolds and McElhenney said in a statement. “We were fortunate to know the Allyn family and were blown away by their intelligence, kindness, and dedication. They are exactly the kind of partners we need for this amazing endeavor.”

New business partners are equally excited about this opportunity.

“For more than a century, our family has focused on building great companies while also revitalizing great communities,” said Eric Allyn, director of Allyn's Family Office. “Our decades-long efforts in the Syracuse area are similar to those of Rob and Ryan in Wrexham.” “We see Red Dragon Ventures as a vehicle to invest in a world-class football club and, importantly, the welcoming community of Wrexham.”

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Wrexham Lager is definitely not a new beer brand. It was founded in Wales in 1882 and is the oldest brewery still in operation in the UK. Even passengers on the Titanic drank it, and Reynolds was reportedly so interested in the brand that he claimed to have booked a dive into the famous shipwreck last year. in hopes of salvaging some bottles. Lucky Welcome to Wrexham Fans and beer lovers in the US and Canada will be able to taste the beer for themselves when North American distribution begins in the coming months.

“We have learned a lot as co-chairmen of Wrexham AFC,” the actors said of the new venture. “The connection between the club and the community, the complexity of the offside rule and the need for the occasional beer, especially after finance meetings. Wrexham Lager has a 140-year-old recipe and storied history, and we're excited to help write the next one.” section.”

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