Wrexham’s takeover by Rob McElhenney and Ryan Reynolds has been approved by the Financial Conduct Authority (FCA).
The takeover received unanimous approval from the Wrexham Supporters Trust after a vote in November, following an announcement in September that the Hollywood duo were the club’s would-be investors.
With the takeover not yet fully completed, It’s Always Sunny in Philadelphia creator/star McElhenney confirmed that the club would be given financial assistance to bring players in before the close of the transfer window.
The latest update from WST explains: “Last month, we informed supporters that contracts had been exchanged and the sale of the club was pending approval of a change to our rules, as voted for by WST members, by the Financial Conduct Authority (FCA). Wrexham Supporters Trust are pleased to inform supporters we have today received such approval from the FCA.
“Both parties shall now work to formally complete the sale of shares in Wrexham AFC next week. We would like to thank supporters for their patience in this process and reassure you the Wrexham Supporters Trust will make a full statement once this is completed.”