Wrexham AFC Welcomes New Minority Investors
Wrexham AFC has exciting news to share as they announce the Allyn family as new minority investors in the Club. This decision marks a significant step for the team and its ambitions for growth and development.
About the Allyn Family
For over a century, the Allyn family was known for their ownership of Welch Allyn, Inc., a highly respected medical device company. Following the sale of the company in 2015, the family shifted their focus towards purpose-driven investments through their Family Office. Their dedication to community development is evident through initiatives like those by The Allyn Family Foundation in Syracuse.
Investment Through Red Dragon Ventures
The recent investment, made through Red Dragon Ventures LLC, exemplifies the commitment not only to Wrexham AFC but also to the broader Wrexham community. This partnership, established between the Allyn family and co-owners Rob McElhenney and Ryan Reynolds, aims to cultivate growth and create new opportunities.
Commitment to Community and Growth
In a joint statement, Rob McElhenney and Ryan Reynolds highlighted their enthusiasm for the new partnership. They expressed their excitement about collaborating with the Allyn family, noting that their intelligence and dedication align perfectly with Wrexham’s future goals.
Eric Allyn’s Vision
Eric Allyn, who manages the family’s investments, emphasized the shared values between their initiatives in Syracuse and Wrexham’s growth under Rob and Ryan's stewardship. He sees this investment as an avenue to foster both the football club and the warm community that surrounds it.
Enhancing the Local Community
Michael Williamson, the CEO of Wrexham AFC, views this investment as a golden opportunity that cultivates a strong connection between the club and the local community. He expressed optimism that it will support ongoing development efforts and align with the club's core values of community support.
About Wrexham AFC
Wrexham AFC, located in North Wales, holds the title of the oldest club in Wales and ranks as the third oldest professional football team globally. Competing in League One, they have a storied history of success, including a remarkable 23 Welsh Cup victories. The club's home ground, ST?K Cae Ras, is recognized for being the world's oldest international stadium still in use today.
Future Goals for Wrexham AFC
The ownership of Wrexham AFC aims to elevate the club's status to that of a Premier League contender while enhancing the matchday experience and positively impacting the community. Their guiding principles prioritize the preservation of the club's rich heritage while bolstering community engagement, global outreach, and fostering a winning tradition.
About Red Dragon Ventures
Red Dragon Ventures LLC is a joint effort led by Rob McElhenney and Ryan Reynolds alongside the Allyn family, aimed at promoting growth within the Wrexham community and supporting Wrexham AFC. This initiative is a testament to their collective vision for the area and commitment to sustainable development.
Frequently Asked Questions
Who are the new investors in Wrexham AFC?
The new minority investors are the Allyn family, known for their former ownership of Welch Allyn, Inc.
What is the purpose of Red Dragon Ventures?
Red Dragon Ventures focuses on driving growth and success for Wrexham AFC and the surrounding community.
How does this investment benefit Wrexham AFC?
The investment allows Wrexham AFC to pursue its growth goals and enhance its support for the local community.
What is unique about Wrexham AFC?
Wrexham AFC is the oldest club in Wales and the third oldest professional football club in the world.
What are the future goals of Wrexham AFC?
The club aims to establish itself as a Premier League team while positively impacting the community.