Hollywood stars Ryan Reynolds and Rob McElhenney bought one of the world's oldest soccer teams on Monday and plan to document their first foray into the sport in a fly-on-the-wall TV show.

In a pinch-yourself moment for success-starved fans of Welsh club Wrexham, Reynolds and McElhenney completed a $2.5 million takeover of a team that plays in the fifth tier of the English game.

"This is really happening," Reynolds, a Canadian-born actor best known for starring in the "Deadpool" movies, said at end of a short video announcing the purchase of the 156-year-old club.

In a recent call with members...