Wrexham’s Transfer Budget Explored- How Much Can Ryan Reynolds & Rob McElhenney Spend In League One?

Wrexham‘s recent promotion to the EFL League One marked the club’s first consecutive promotion in its 159-year history. This historic double promotion will see the Ryan Reynolds and Rob McElhenney-owned club end a 19-year exile and return to the EFL League One. Ever since Wrexham found their form in the current League Two season, they have courted the idea of going up the English Football pyramid. Now that the dream has materialized, it is time for the Welsh club’s Hollywood owners to prepare for a tougher season in a higher tier.

Wrexham’s 2024–25 season in League One will see Rob and Ryan splurge heavily on transfers, team personnel, and other facilities within the club. The Red Dragons’ spending for the 2023–24 season is already expected to double that of their rival clubs. Now let’s see how much the Hollywood duo can splurge on the Welsh side in the next season.

How much can Ryan Reynolds and Rob McElhenney spend on Wrexham in 2024–25?

As per Wrexham’s official site, they are eligible to spend 60% of their annual turnover on wages in the current season for the upcoming campaign. Ryan Reynolds and Rob McElhenney’s side had registered north of $12 million in turnover on wages in 2023. This means the Red Dragons could spend worth of $7 million to equip themselves for the competitive League One, as compiled by The Wrexham Insider. This budget is ample for Wrexham to further galvanize their stellar squad.

Notably, Wrexham’s most expensive purchase to date is star striker Ollie Palmer, who joined the club for a $440k fee. Therefore, a $7 million-plus budget would see Rob and Ryan shake up the transfer market in the UK with some heavyweight purchases. Anyhow, the Deadpool star and the Always Sunny in Philadelphia fame won’t probably see any surplus amount in their transfer budget. The upcoming transfer window will be a busy one for the Red Dragons.

Red Dragons to see an eventful transfer window before their League One return

Eight Wrexham players will run out of contract this summer. Reynolds and McElhenney would want some of them to extend their stay in the Racecourse Ground. This means the Hollywood duo should earmark a portion of their budget on such contract extensions. Besides, the club has 10 players who are aged more than 30. Meanwhile, the likes of star attacker Paul Mullin will turn 30 this year. Therefore, given League One’s competitiveness, it is high time the Red Dragons focus on purchasing young talent.

Such roster enhancements will perhaps see the Hollywood duo drain out their budget on the transfer market in the 2024-25 season. However, with the third season of Welcome to Wrexham in the pipeline and other endorsements that keep coming, Wrexham will continue as a money-making machine in the League One.