Elon Musk is worth an estimated £262 billion and has been urged to invest some of his money into a lower league English side.
Elon Musk has been urged to follow in the footsteps of Ryan Reynolds and Rob McElhenney by purchasing a team in the EFL.
Hollywood stars Reynolds and McElhenney bought Wrexham in 2021 and have put massive money into the club and community, with their investment helping secure back-to-promotions from the National League to League One.
The incredible achievement under Phil Parkinson has been highlighted in the ‘Welcome to Wrexham’ documentary on Disney+ and the Red Dragons are hoping to make it a hat-trick of promotions as they currently sit second in the third tier.
US investment in clubs in the English football league has become increasingly popular and Musk, CEO of Tesla and owner of X, formerly known as Twitter, has been urged to join the party.
The 53-year-old is set to be a member of Donald Trump’s cabinet, co-leading the ‘Department of Government Efficiency’, but he has never been involved in a sports team in any capacity.
However, football finance expert Dr Rob Wilson, believes he has the perfect suggestion for Musk. Wilson, the professor of Applied Sports Finance at Sheffield Hallam University, explained why Cheltenham Town, 15th in League Two, are an ideal fit for the South African.
“If Elon Musk wants to get into football club ownership, Cheltenham Town are an extraordinarily interesting prospect, particularly to the US market,” Dr Wilson told OLBG.
“Millions of people in the US love British culture, particularly quintessential Middle England and the Cotswolds where Cheltenham is based.
“You’ve got these beautiful rolling hills in the background, you’ve got the racecourse so there is a really powerful story and a powerful narrative at a club like Cheltenham. They are up and coming and could be a great prospect.”
Elon Musk has been urged to get involved with an English football club. Image: Getty
Musk has previously hinted at getting involved with English football. In August 2022, he said he was looking to buy Manchester United.
He sent the internet into meltdown when he tweeted, “Also I’m buying Manchester United ur welcome”.
The Glazer family were looking at possible options and eventually ended up doing a deal whereby Sir Jim Ratcliffe and INEOS became minority shareholders.
Confirming he was just playing around, Musk wrote: “No, this is a long-running joke on Twitter. I’m not buying any sports teams. Stand-up is my side-hustle.”
Featured Image Credit: Getty
Topics: Wrexham, Ryan Reynolds, Rob McElhenney
Josh Lawless
Ryan Reynolds and Rob McElhenney involved in ‘brutal’ row over Wrexham’s next step
Wrexham are currently second in the League One table.
Wrexham owners Ryan Reynolds and Rob McElhenney are reportedly involved in a row over the club’s next steps.
Back in February of 2021, Hollywood pair Reynolds and McElhenney completed the takeover of Wrexham for a reported fee of £2 million.
Since then, they have invested huge amounts of money into the club, resulting in back-to-back promotions.
This season, Phil Parkinson’s men have enjoyed a decent start to life in League One as they currently sit second in the table behind Wycombe Wanderers.
However, off the pitch, it has been claimed that Reynolds and McElhenney have faced problems in their bid to build a new training centre for Wrexham’s youngsters.
As reported by The Mirror, the pair are looking to undergo a multi-million-pound development at Darland High School in the Wrexham village of Rossett.
The project will include building a base for the academy stars but their plans have been met with anger from the locals.
According to the report, nine letters of objection were submitted to the Wrexham Council, a summarised version read: “The brutal commercial and industrial appearance is not in keeping with the proposed location within the green wedge. The development goes against planning policy advice in regards to the green wedge.
“The school will lose the use of some athletic practice areas as a result of the proposal. The development is retrospective and the council should have made them stop work until the application was determined. The development brings no benefit to the Rossett community.”
Wrexham owners Rob McElhenney and Ryan Reynolds. Image: Getty
Earlier in the year, Reynolds and McElhenney spoke about challengers they have faced with the local council.
Reynolds said to Collider: “I think the thick buttress of bureaucracy is the biggest problem. In Wales, it really is a lot of red tape, and it’s just sort of figuring out ways to tick all those boxes and make sure that every single bureaucrat is happy.”
McElhenney added: “It is definitely a comedic point of consternation in the show how often we’re running up against bureaucracy. It’s a lot harder to build in the UK than, I found, almost anywhere else in the world.”
