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Rival chairman praises Wrexham's Ryan Reynolds over 'smart' business move
Peterborough United chairman Darragh MacAnthony has piled praise on Wrexham co-owners Ryan Reynolds and Rob McElhenney for their business savvy.
The owner of the Red Dragons’ League One rivals is known for his outspoken views on other clubs.
Wrexham’s Hollywood custodians have occasionally attracted criticism from outsiders for outspending their rivals to achieve promotion.
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However, MacAnthony believes the two actors made a wise decision when they recently brought in the Allyn family from New York as minority investors.
Speaking on the latest edition of his ‘Hard Truth’ podcast, the 48-year-old said it would help the club to compete at a higher level.
MacAnthony said: “Fair play to them. At the end of the day, they probably realise the Championship is at a different level to League One when they finally get there.
“I’ve always said that they’ll get to the Championship. The Championship is a big test because you got some big hitters and you’ve got some wealthy clubs there.
“Seven or eight grand a week (in salaries) isn’t going to get you out of the Championship.
“Luton pulled off a miracle to do it, but it doesn't always happen so maybe they're just gearing up for that.
“They (Reynolds and McElhenney) have to build a new stand and they've got a lot of things they’ve got to spend money on.”
Wrexham are currently in a strong position to push for promotion to the Championship, sitting third in League One.
The Allyn family previously owned US medical device company Welch Allyn for more than a century, before selling it for a reported amount of more than $2bn in 2015.
A statement on the club’s website said their investment would "help fuel the club's lofty ambitions, as well as those of the broader Wrexham community".
MacAnthony thinks their arrival will also encourage other clubs to look for outside investment. He said: “It’s a sensible move and the more good people you can put around you with money, the better.
“Lots more clubs will do it. We've seen Leeds bring in multiple big hitters as investors.
“We’ve seen it at Birmingham with Tom Brady and he's probably brought in other minor investors.
“It’s a tough industry and once you get above League One level, it’s a bloody tough level to stay at. The Championship is like Premier League 2. If Ryan Reynolds and his partner Rob have done that, that's prudent.”
