Ryan Reynolds and Rob McElhenney have been warned that Wrexham will be unable to reach the Premier League without breaking a few financial rules.
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Historic run of three successive promotionsMore money required to reach the top-flightCompeting with other big-spending outfitsFollow GOAL on WhatsApp! 🟢📱Getty/GOALWHAT HAPPENED?
On the back of three successive promotions, the Red Dragons are now just one step away from rubbing shoulders with the elite of English football. Hollywood co-owners have never shied away from the fact that they want to bring top-flight action to North Wales.
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Reynolds and McElhenney have helped to fund a meteoric rise, with more investment now being sought as Wrexham’s revenue figures and overall valuation soar. The plan is to bring in Premier League pedigree during the summer transfer window of 2025.
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Wrexham have plenty of room for manoeuvre when it comes to Profit and Sustainability Rules (PSR), but they may need to step outside of those regulations – as part of elaborate spending sprees – in order to compete with rivals that boast even deeper pockets.
WHAT SPORTS FINANCE EXPERT SAID
Sports finance expert Dr Rob Wilson has told of the Red Dragons’ bid to reach the top tier in the not too distant future: “I don't see how Wrexham can get into the Premier League in a season or two without breaching the financial regulations that exist within the division. However, you would probably argue given their trajectory that if they were to get into the Premier League, they would probably stay there for a little while.
“Then they could afford to take any hit if they were then ultimately relegated at some point. I think mid-table is probably where I think you'd see an incredible amount of investment to try and protect that. It links with the new stadium and with some of the broader plans to activate the commercial and the broadcast opportunities.”
