Welcome to Tate Sports

Tate Sports

talkSPORT: Billionaire gives up on Liverpool and invests in Wrexham

9:36pm, 7 May 2025Football

May 2 According to talkSPORT, the billionaire gave up investing in Liverpool and instead invested in Wrexham.

It is reported that the billionaire Erin family chose to invest in Welsh team Wrexham rather than Premier League champion Liverpool. Wrexham executive director Karin Erin revealed that they want to be real partners, not just investors.

Last October, the Irene family joined Ryan Reynolds and Rob McHenny's investment ranks and fell in love with the Welsh team. Wrexham became the first club in England's top five leagues to upgrade three times in a row. "Even when considering other clubs, we said, 'We want to be a real partner with our partners'. Yes, Liverpool is an amazing club and when looking at it we think it might be a good opportunity, but it's not what we want. We want to be a real partner, take the story happening. It's the greatest honor."

Although the Irene family is 3,300 miles away in New York, they have fully accepted the Welsh club, which the Irene family's medical device company, sold for £1.3 billion in 2015. Earlier, Wrexham had expressed his intention to sell a minority stake to fund a modern stadium expansion project with a capacity of 28,000 people and a new training ground. With the club upgrading for the third consecutive time, the team needs more investment to remain competitive in the Champions League. Afterwards, her meeting with Reynolds and McHenny opened a new chapter in the Wales Wrexham Club.

At first, she was not interested in investing in Premier League teams because that meant becoming one of many small shareholders with limited influence. However, when she was suggested to consider lower-level leagues, she initially thought it would pose greater risks. Finally, based on trust, she got in touch with the two stars and was deeply moved by the club's community spirit after watching the documentary "Welcome to Wrexham". She then quickly organized a meeting to discuss the club’s future plans with Reynolds and McHenny and ensure the community is involved.

Interestingly, her father Eric had visited the local The Turf bar before this and met the tavern owner Wayne Jones, a regular on the TV show. After the tour, Kalyn told Reynolds and McHenny that her family is about to invest because they can’t miss this “perfect opportunity.” Although the specific investment amount and shareholding ratio have not been disclosed, Kalyn has devoted herself to her new role as executive director.

Links: