Ryan Reynolds & Rob McElhenney have £36.5m of spending room! Wrexham transfer boost offers 'exhilarating proposition' as Red Dragons 'not far behind Championship's big-hitters'

The Red Dragons have enjoyed a meteoric rise under Hollywood co-owners. Back-to-back promotions have lifted them out of the National League and into League One. The ultimate goal is to reach the Premier League Promised Land, with more investment being sought while heading down that path.

Reynolds and McElhenney have already put their reported £309m ($400m) combined fortune to good use, with Wrexham able to outspend many of their EFL rivals. They have posted record-breaking revenue figures and will have even more leeway when it comes to splashing the case in the second tier.

Football finance expert Kieran Maguire has told talkSPORT: “Wrexham made three times as much as any other club in League Two, more than any other club in League One and they would be in the top half of the Championship. Therefore they’re not that far behind the Championship’s big hitters – the likes of Stoke and Norwich. It’s an incredible achievement in terms of bringing in money.

“It's also their ability to become an international brand which has really driven this. I was teaching in Charlotte, North Carolina last year and the only shirts I saw were those of Wrexham, which is an amazing achievement and that's on the back of the documentary.”

Maguire added: “If they get promoted this year that adds another £8m of TV money because they will be in the Championship. So that would put them fairly close to all of the clubs except for those who will be in receipt of parachute payments in the Championship.

“I think that they are in a very strong position from a PSR (Profit and Sustainability Rules) point of view. Last year they lost £2.5m, they can lose £39m over three years when they get to the Championship. They have the capacity to invest in players and invest in improving the infrastructure and I think they will be an exhilarating proposition to watch because everybody’s eyes will be on them.

“They will be up against some really big teams who have just been relegated from the Premier League, whereas they can point to two years ago being in the National League.”

The ‘Welcome to Wrexham’ documentary series has helped the Welsh club to enhance their global profile, with commercial deals flooding in as a result. Maguire went on to say: “They have Hollywood stardust attached to them and that’s allowed them to sign these amazing sponsorship deals with some big-hitting international and global brands they wouldn’t have got ten years ago.

“Everybody’s heard of Wrexham and that’s off the back of the documentary and Reynolds and McElhenney who have done very well out of this as well. They are smart cookies as well as being very gregarious. They’ve allowed the club to piggyback on their brand and become this globally-known name.”

Wrexham have seven games left to take in this season. They sit second in the League One table at present, three points clear of Wycombe but aware that the Chairboys boast a game in hand and a better goal difference when it comes to joining runaway leaders Birmingham in the automatic promotion spots.