Ryan Reynolds and Rob McElhenney welcomes Wrexham investors who sold family business for $2bn

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Ryan Reynolds and Rob McElhenney have welcomed new American investors to Wrexham.

The League One club have sold a minority stake to the Allyn Family.

Based in Skaneateles, New York, the family owned medical device company Welch Allyn.

The business, which was founded in 1915, was sold for $2billion (£1.67bn) by the family in 2015.

In a joint statement, Reynolds and McElhenney said: “Wrexham has earned the world's attention and we are focused on bringing on board world-class partners to help with the next phase of our growth.

“We have been fortunate to get to know the Allyn family and we are blown away by their intelligence, kindness and commitment.

“They are exactly the type of partners we will need for this amazing endeavour.”

Eric Allyn, the manager of the Allyn’s family office, added: “For more than a century, our family has focused on building great companies, while also uplifting wonderful communities.

“Our decades-long efforts in the Syracuse region are similar to what Rob and Ryan have started in Wrexham.

“We view Red Dragon Ventures as a vehicle to invest in a world-class football club, and, importantly, in the welcoming community of Wrexham.”

Reynolds and McElhenney completed their takeover of the Red Dragons in 2020.

Under their Hollywood owners, the club have since climbed from the National League to League One.

Following back-to-back promotions, they are in the third tier for the first time in 19 years.

They went up from the National League as champions, before going up from League Two in second the season after.

Phil Parkinson’s side have also made a strong start to the current campaign.

Wrexham are third in League One with just two defeats from their opening 13 matches.