Elton John and Ryan Reynolds.Photo:Steve Granitz/WireImage, Dimitrios Kambouris/Getty

Elton John and Ryan Reynolds

Steve Granitz/WireImage, Dimitrios Kambouris/Getty

Elton Johnis supportingRyan Reynolds' soccer journey.

The singer and ex-soccer club chairman, 76, said in a new interview withBBCthat it’s “fantastic" that Reynolds, 47, has become a co-owner of Wrexham AFC.“It’s great. I phoned Ryan when they won and they got promoted, and I just think it’s fantastic,” John told the outlet, referring to the team’s National League win in April.

“They’re on the ride that I was on,” the music icon — who previously owned Watford soccer club — continued. “It’s slightly different because times have changed, but it’s no more unexciting. … I bet they have more fun on that than any movie they’ve ever made.”Never miss a story — sign up forPEOPLE’s free daily newsletterto stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories.

John is championing Reynolds' venture as Wrexham AFC co-owner.Matthew Ashton - AMA/Getty

Hollywood actor and co-owner of Wrexham Football Club Ryan Reynolds celebrates his team’s 3-2 victory during the Vanarama National League fixture between Wrexham and Notts County at The Racecourse Ground on April 10, 2023 in Wrexham, Wales.

Reynolds co-owns Wrexham AFC withIt’s Always Sunny in PhiladelphiastarRob McElhenney.

Johnpreviously owned Watford FCin the U.K. under the management of late ex-soccer player Graham Taylor.

The “Rocketman” singer first bought and became Chairman of the club in 1976, before then selling the team in 1990 and buying the club back in 1997. John finally exited as chairman in 2002.

John was chairman of Watford FC from 1976 to 2002.Michael Putland/Getty

British singers Elton John (left) Rod Stewart training at Watford Football Club, London, November 1973. (Photo by Michael Putland/Getty Images)

John’s latest interview comes after the singer revealed earlier this month thathe is releasing new music.

He shared during a speech at the Barclays Center in Brooklyn, New York, that he has completed his new album with his longtime songwriting partner,Bernie Taupin, as he gave a speech inducting Taupin, 73, into theRock and Roll Hall of Fame.

“We’ve just finished an album in Los Angeles, which is going to surprise the s— out of you,” John said infan-recorded footagefrom the ceremony.

Reynolds co-owns Wrexham AFC with Rob McElhenney.Jon Hobley/MI News/NurPhoto via Getty

Wrexham owners, Ryan Reynolds (L) and Rob McElhenney (R) during the Vanarama National League match between Wrexham and Notts County at the Glyndr University Racecourse Stadium, Wrexham on Monday 10th April 2023.

“It’s absolutely wonderful, and it’s full of youth, and it’s full of vitality. It’s a wonderful place to be after we’ve been together for 56 years,” he teased.

Taupin previouslytold PEOPLEin September that he and John would “definitely make another record.”

“There’s no doubt about that. Just because he isn’t touring doesn’t mean he is fading to black. He’s still going to be very much active in other areas,” he said.

source: people.com