The reaction of Wrexham co-owners Ryan Reynolds and Rob McElhenney to the costs of life in the Championship has been revealed.
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Red Dragons have enjoyed back-to-back promotionsCurrently flying high in the League One tableMore money required in order to remain competitiveFollow GOAL on WhatsApp! 🟢📱WHAT HAPPENED?
The Red Dragons are hoping to become a second-tier outfit in the not-too-distant future, with Phil Parkinson currently overseeing another promotion push. History could be made in 2025 as the first club to take three successive steps up the EFL ladder.
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Hollywood riches have helped to carry Wrexham to this point, alongside a number of lucrative sponsorship deals, and record-breaking revenue figures were recently posted. Competing in the Championship will, however, not be easy.
DID YOU KNOW?
Reynolds and McElhenney have never shied away from the fact that further investment will be required while chasing a Premier League dream, with the billionaire Allyn family already welcomed on board. The A-list chairmen are not fazed by the challenges that lie ahead.
GettyWHAT HUMPHREY KER SAID
Wrexham director Humphrey Ker has revealed as much, telling the podcast: “It’s something that was discussed very early on this season – here’s what it would likely end up costing [promotion into the Championship]. Here’s where the TV money changes, here’s how you get X, Y and Z.
“Everybody is very aware of what would be required, which is good. When we had that Zoom, I watched like a hawk and was looking at Rob and Ryan’s boxes – what do their faces do when these numbers come up? They both looked very calm, which was good!
“What the accounts showed recently is that, despite what many fans of other clubs have thought and felt – Rob and Ryan are just pumping money into this thing and they’re messing with the salary cap – it’s not. We have spent our sponsorship money on things.
“We will go up into the Championship, maybe not this season but we will at some stage, and correspondingly those sponsorship deals will get bigger, the TV money will get bigger, and we will find ways to pay for it that do not include lumping a load of debt onto the football club.”
