Ryan Reynolds and Rob McElhenney are reportedly ready to sell another stake in Wrexham as the club's value reaches £350 million ($475m).
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- Hollywood stars acquired Red Dragons for £2m
- Interest has surged on and off the field
- Ready to welcome new investors onto the board
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WHAT HAPPENED?
A couple of Hollywood actors in North Wales acquired the Red Dragons for £2m in 2021. They have overseen a remarkable sporting project that has delivered a historic run of three successive promotions and an explosion in exposure for Wrexham around the world.
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THE BIGGER PICTURE
An award-winning documentary series has aided that cause, especially in the United States, while lucrative commercial deals have pushed record-breaking revenue figures at SToK Racecourse beyond £26m ($35m).
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DID YOU KNOW?
The ultimate dream remains to reach the Premier League and, having already welcomed the billionaire Allyn family on board with an almost-15 per cent stake, more investors are being sought that will help to keep the Red Dragons competitive.
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WHAT A SOURCE SAID
According to , Reynolds and McElhenney are "considering selling a stake for a valuation of up to £350 million ($475 million)". The report adds that "the club is working with investment bank advisers to canvas demand from potential investors".