Skip to content
Tuesday 18 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,721.46
+0.01%
DAX
26,250.99
-0.33%
CAC 40
8,544.07
-0.41%
STOXX 50
6,494.27
-0.55%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Monday 24 April 2023 11:56 am

Wrexham targeting successive promotions after sealing return to Football League

By: Frank Dalleres

Sports Editor

Add as a preferred source on Google
Wrexham owners Rob McElhenney and Ryan Reynolds watched them clinch promotion from the National League on Saturday
Wrexham owners Rob McElhenney and Ryan Reynolds watched them clinch promotion from the National League on Saturday

Wrexham are targeting another promotion next summer after the Hollywood-owned Welsh club clinched their return to the English Football League on Saturday.

The decisive 3-1 win over Boreham Wood came two years after actors Ryan Reynolds and Rob McElhenney took charge at the Racecourse Ground, and executive director Humphrey Ker insists they are just getting started.

“We feel that the sky’s the limit for Wrexham,” Ker said. “The interest in this club is astronomical and we believe we have a very strong chance of going up again next year.

“We want to do this again. We want to be having these parties next year and as many summers after that as we can possibly manage.”

Reynolds and McElhenney are believed to have spent around £10m on overhauling the club, raising questions about whether that can continue under strict financial rules in League Two.

But Ker says commercial deals with high-profile brands such as TikTok, Expedia and Reynolds’ own Aviation American Gin mean that Wrexham have deeper pockets than many rivals.

“The spending caps that exist are tied to your revenue. What you can’t have is rich owners paying massively over the odds and operating at gigantic losses,” Ker said. 

Read more

Football may not come home but US investors will still cash cheques here

GettyImages 2278935920 likely depicts a relevant scene or subject based on the unspecified context provided in the article.

“We actually generate an extraordinary amount of revenue because of the interest in the team, merchandising, and other things. I think we’ll fall well within the boundaries of what we are permitted to spend.”

WE ARE CHAMPIONS!

AFTER 15 YEARS, WE ARE BACK IN THE FOOTBALL LEAGUE!

🔴⚪️ #WxmAFC pic.twitter.com/8crPfDlwqs

— Wrexham AFC (@Wrexham_AFC) April 22, 2023

Wrexham do not plan to sign a brand new team for the step up to the fourth tier but will strengthen and are already fielding enquiries from interested players, Ker said.

“We’ve accrued a record number of points in the National League and we think we’re ready to go again with some minor changes,” he added.

“Our mission will always be to try and get the best players we possibly can for each situation.

“Previously we’ve had to pay a bit of a premium to get people to come down to the National League. As we go up, I think we’ll have less of a challenge attracting people.

“I know Phil [Parkinson, manager] and [advisor] Les Reed are inundated with incoming calls from players because this is a place where people want to come and play football.”

Read more

Pre-season tours: Inside the economics of football’s summer money-spinners

Enthusiastic football fans, some in Chelsea and AC Milan jerseys, smiling and making peace signs at an event.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Life&Style

Categories

  • Sport
  • Sport Business

Related Topics

  • Football
  • Football finance
  • Sport business
  • Sports marketing
  • Sports money

Trending Articles

  • As it happened: FTSE 100 drops as oil prices rise after Trump makes Hormuz threat

  • US bond market jitters spark UK economy recession warning

  • Aldi boss wades into supermarket ‘price-gouging’ row

  • Monzo chair makes early exit after boardroom rift

  • New Premier League rules could see £11bn invested into new stadiums

More from Morning Wire

  • Football may not come home but US investors will still cash cheques here

    Sport Business
    GettyImages 2278935920 likely depicts a relevant scene or subject based on the unspecified context provided in the article.
  • Pre-season tours: Inside the economics of football’s summer money-spinners

    Sport Business
    Enthusiastic football fans, some in Chelsea and AC Milan jerseys, smiling and making peace signs at an event.
  • Football finance experts urge caution over Premier League + price promotion

    Sport Business
    Premier League trophy on display at a stadium with spectators in the background
  • Barry Hearn and Matchroom back Brentwood Town’s bid to reach National League

    Sport Business
    Business meeting with diverse professionals discussing strategy at a modern conference table with charts and laptops visible.
  • London Broncos: Automatic Super League promotion not off table

    Sport Business
    Two businessmen, one with a beard, in a meeting room with a red and blue digital display in the background.
  • Exclusive: Arsenal target Vinicius Jr future at Real Madrid to be decided this week

    Sport Business
    Vinicius Jr. celebrates a goal in a yellow Brazil jersey during a football match, with stadium lights in background.
  • Manchester United agree £20m a year deal with betting giant

    Sport Business
    Harry Maguire in a Manchester United jersey, clapping during a match, looking up.
  • Aston Villa sign £20m a year Visit Rwanda shirt sponsor deal

    Sport Business
    Breaking news event with a diverse group of professionals collaborating in a modern conference room setting
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook