The Red Dragons have just been promoted for the 3rd consecutive time and will now ply their trade in the Championship in the upcoming 25/26 season, after finishing second behind a record-breaking Birmingham City side. With the financial backing of Rob McElhenny and Ryan Reynolds, Wrexham have been able to bring in the players they wanted and have found it no trouble to get results in the last three seasons. They have seemingly managed to take each new challenge in their stride, but will the Championship be a step too far to get promoted for the fourth season in a row? Either way, their rise is remarkable!
McElhenny and Reynolds have invested millions since buying the Welsh side in February 2021 and further spending is anticipated as they prepare for the Championship. Many people anticipate Wrexham’s success will continue, however, they will have to abide by financial fair play rules in the Championship following their promotion. The incredible rise from the National League to the Championship is about to earn Wrexham a £40 million revenue boost that will enable progression on and off the pitch. Wrexham’s owners have planned a meeting with Phil Parkinson, to discuss the summer transfer plans.
Supporters of the club know that the squad will need strengthening ahead of the new campaign and the club will need to follow financial fair play rules, meaning that the club can only spend what they earn and have a limit of how much losses they can post within a financial year. Parkinson will know that his additions this summer will need to be analysed and considered more than ever as he looks to add to his group of players. The Red Dragons can expect to be in for a summer of intrigue, in which should be a very exciting time for the supporters of the club.
The North Wales club have reached the second tier of English football for only the second time in their history and have never been in the first tier of English football which was the clubs “10-year aim” according to the owners when they first took over the club. Director Humphrey Ker said “we always had the ambition to go as high as we could, but we have probably outstripped expectations- certainly in terms of the speed in which we have got here.”
Wrexham are about to enter a world where standard eight-figure losses come as standard, but Ryan Reynolds and Rob McElhenney do have support on that front, as in terms of investing in other projects as the club tries to keep pace with its growth. Such money will be needed as the quick rise means Wrexham have their work cut out to catch up with the growth of the club. Wrexham’s attendances will be the lowest in the Championship next season, with the Stok Cae Ras’ capacity reduced to 10,000 seats as work begins on a new Kop. It will be designed by Populous, the same firm behind Wembley and the Tottenham Hotspur stadium.
