Ryan Reynolds and Rob McElhenney sell Wrexham stake to US private equity group

Club gets boost for development of Racecourse Ground, but move comes months after it received £14m state aidWrexham AFC owners Ryan Reynolds and Rob McElhenney have sold a stake in the company to US private equity investors Apollo, less than three months after the football club was given £14m in state aid.The Welsh club on Monday announced the investment by Apollo Sports Capital, part of the New York-listed investor. It did not reveal the size of the investment, but said Reynolds and McElhenney, who has changed his name to Rob Mac, would remain majority owners. Continue reading...