As reported by CBS Sports, Michael B. Jordan of “Creed” trilogy fame, Ryan Renolds of “Deadpool” fame, and Rob McElhenney of “It's Always Sunny in Philadelphia” fame, will join Otro Capital and RedBird Capital Partners, and will own a 24 percent equity stake in Alpine Racing. The $218.10 million investment places Alpine Racing's current valuation at an estimated $900 million. Ryan Reynolds leads Maximum Effort Investments, along with Rob McElhenney and Michael B. Jordan.
"This association is an important step to enhance our performance at all levels," Alpine CEO Laurent Rossi said in a statement. "Otro Capital, RedBird Capital Partners and Maximum Effort Investments, as international players with strong track record in the sports industry, will bring their recognized expertise to boost our media and marketing strategy, essential to support our sporting performance over the long term."
According to TMZ Sports, Alpine couldn't be more thrilled with the deal ... saying the partnership "will bring successful sports & media experience and operational expertise in building high-growth companies."
As reported by CBS Sports, Reynolds and McElhenney purchased Wrexham A.F.C. in November 2020, and helped lead the Welsh club back to the English Football League as fifth-tier champions this past April.
Now Wrexham will join EFL League Two, which is the fourth level of the English Football League system. Their delve into the sports world has proven to be fruitful for both. Jordan’s first foray into sports ownership was with soccer club A.F.C. Bournemouth in 2022. He invested a whopping $120 million making him and his partners minority
shareholders.
As reported by DorsetLive, on “The Graham Norton Show” Jordan expressed his interest in the team and his reason for involvement, "It is crazy and amazing. One reason I wanted to invest is that there was so much potential there." He also added, "If you give to the community, and you have new managers and new players you can raise the culture of the team. It's exciting."
It seems that Jordan, Reynolds, and McElhenney have their work cut out for them, as all three remain consistently and successfully involved in tv and film.
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