Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

The contrasting fortunes of Chelsea and Wrexham’s North American owners

by April 27, 2023
April 27, 2023
The contrasting fortunes of Chelsea and Wrexham’s North American owners

Throughout the last couple of years, two clubs at the opposite end of the English footballing pyramid have had new North American owners take over.

In the English Premier League, Chelsea was purchased by American business mogul Todd Boehly. In the National League, four tiers down the footballing landscape, Wrexham was purchased by Hollywood megastars Ryan Reynolds and Rob McElhenney. Both clubs have endured contrasting fortunes since the takeovers, but how can one look at the other for sources of inspiration?

Todd Boehly’s Chelsea

Many Blues fans have questioned why Roman Abramovich sold Chelsea. But instead of looking to the past, both they and their new owner need to start looking to the future. Boehly has attempted to do that, forking out a whopping £300m in the January transfer window on a plethora of stars such as João Félix, Mykhaylo Mudryk, Enzo Fernández, and Benoît Badiashile. However, right now the Stamford Bridge club is in disarray, despite the sizable outlay.

They are currently way down in 11th in the Premier League table and without a hope of securing European qualification for next season. They also crashed out of the UEFA Champions League in the quarterfinals after being thoroughly outclassed across two legs by Real Madrid. Boehly should take a look at his fellow North Americans who are in charge at Wrexham and follow their lead when it comes to patience and stability.

Wrexham’s Rise

Many were calling for manager Phil Parkinson’s head when he didn’t lead Wrexham to promotion last season. Owners Ryan Reynolds and Rob McElhenney remained patient, however, and realised that could be a catastrophic decision. Their faith in the manager has been rewarded as Parkinson led the club to promotion at the second time of asking in April 2023.

The blockbuster Hollywood ownership duo have already invested heavily in their new club, however, they may well look to Boehly’s spending spree as evidence that they need to invest further if they are to fire the Red Dragons higher up the English footballing pyramid.

Although following the scenes the club witnessed following the 3-1 home victory against Boreham Wood which secured promotion, Reynolds and McElhenney will have noticed that they have already made their fans and the town of Wrexham happy. With a new stand coming to the Racecourse Ground and a number of marquee players already in the squad, they may get away without pumping millions more pounds into the North Wales outfit.

Read more:
The contrasting fortunes of Chelsea and Wrexham’s North American owners

0
FacebookTwitterGoogle +Pinterest
previous post
UK transport start-ups & SMEs invited to take low carbon innovations to next level in India
next post
Public sector warned ‘clock is ticking’ on PFI and PPP contract expiry

You may also like

UK private sector employment hits decade low amid...

February 12, 2024

Saudi Arabia could be about to take majority...

December 12, 2023

The Future of Online Trading Platforms – A...

October 17, 2023

Regulator warms train ticket websites over lack of...

December 11, 2023

Oxfordshire breakthrough provides hope, in the global fight...

October 13, 2023

Steep discounts on furniture and fashion weigh on...

January 28, 2025

Made in Britain: Where ethical beauty meets innovation,...

February 11, 2024

Britain no longer heading for recession this year,...

May 23, 2023

As wealthy Americans flee Trump’s chaos Britain is...

May 3, 2025

Evening Standard scraps daily print paper blaming work...

May 30, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • House Tax Bill Doesn’t Kill Green New Deal Subsidies Fast Enough

      May 15, 2025
    • UAE’s president bestows highest civilian honor on Trump

      May 15, 2025
    • US military would be unleashed on enemy drones on the homeland if bipartisan bill passes

      May 15, 2025
    • House Dems open investigation into Trump’s acceptance of $400 million jet from Qatar

      May 15, 2025
    • Wagyu Farmer in Congress Wants Tariffs on Australian Wagyu

      May 15, 2025
    • Young Americans Like Socialism Too Much—That’s a Problem Libertarians Must Fix

      May 15, 2025

    Categories

    • Business (7,968)
    • Investing (1,963)
    • Politics (15,235)
    • Stocks (3,084)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved