June 16, 2025
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Liverpool lose out on billionaire's investment to Wrexham

Liverpool lose out on billionaire’s investment to Wrexham

  • Allyn family finalised investment in Wrexham last year
  • Group previously explored buying Liverpool shares
  • Ability to play active role in club management behind Wrexham agreement

Wrexham director Kaleen Allyn has confirmed her family considered investing in Liverpool before becoming minority shareholders of the soon-to-be Championship side.

Spearheaded by Ryan Reynolds and Rob McElhenney, Wrexham recently sealed their third consecutive promotion, confirming second place in the League One standings to earn a spot in the second tier next season.

The Allyns, whose medical device company, Welch Allyn, was sold for $2bn (£1.3bn) in 2015, were part of that latest triumph after investing in the club late last year, with Kaleen confirming Wrexham’s story helped convince them to buy in.

“Even when we were looking at other clubs, we were like: ‘We want to be true partners with whoever we work with’,” Kaleen told The Athletic. “Yes, Liverpool is an amazing club and when we were looking at that, we were like: ‘This could be a great opportunity, but this isn’t what we want’.

“We want to be true partners and get our hands dirty; be part of the story of what’s happening. That’s the biggest honour.”

Wrexham’s story has reached international audiences following the takeover by Reynolds and McElhenney, who brought about a popular docu-series, Welcome to Wrexham, to raise the club’s global standing.

US billionaires 'turned down' Liverpool investment to join Ryan Reynolds at  Wrexham - Liverpool.com

“We flew Grandpa Bill over because I wanted to kind of show him what it is all about,” Allyn said of the final decision to invest in Wrexham.

“By the time it came to go home, he was almost kicking and screaming because he did not want to leave. He said: ‘The community of Wrexham is the closest thing I’ve seen to what we grew up with and what we lost in upstate New York’.

“He went to the match and met Phil [Parkinson], who was very gracious. My grandfather had watched Welcome to Wrexham. He was completely starstruck. He doesn’t really give a damn who Ryan Reynolds or Rob McElhenney is. But Phil Parkinson? He wanted his picture with Phil and that picture is framed on the wall at his house.”

Wrexham’s Parkinson: Paul Mullin, Ollie Palmer to remain at club

Wrexham boss Phil Parkinson has confirmed that “legends” Paul Mullin and Ollie Palmer remain a part of the club’s plans for next season.

The Ryan Reynolds and Rob McElhenney-owned side earned their third successive promotion last weekend to secure a place in next season’s English Championship.

Mullin and Palmer have been key contributors in this rapid rise up the English football pyramid. Mullin was the team’s top scorer in their promotion campaigns to League 1 and League 2, and is the seventh-highest scorer in their history with 110 goals.

Palmer struck up a fruitful partnership with Mullin in attack, and scored vital goals in their promotion run-in last season. In all, he has scored 44 goals in 149 appearances.

However, the duo have struggled for gametime this season and haven’t made a league appearance since January.

Phil Parkinson gives Paul Mullin and Ollie Palmer the send off they deserve  in Wrexham's predicted XI v Lincoln

Amid uncertainity over their future, Parkinson told BBC Sport Wales: “First of all, everyone’s made a contribution. What level that has been doesn’t matter because everybody’s been together and contributed.

“Of course there’s always players who would have liked to have played more. Equally, contributions can come in many forms, so I’m delighted with everybody as a group.

“Mulls and Ollie will always be legends at this club for what they’ve done. They’re under contract next year and they’ll be back in pre-season ready to go again.”

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