The Fort Worth Press - 'Sky's the limit' as Wrexham not worried about spending caps

USD -
AED 3.672504
AFN 66.265317
ALL 82.40468
AMD 381.537936
ANG 1.790403
AOA 917.000367
ARS 1449.250402
AUD 1.508523
AWG 1.8025
AZN 1.70397
BAM 1.670125
BBD 2.014261
BDT 122.309039
BGN 1.670125
BHD 0.377012
BIF 2957.004398
BMD 1
BND 1.292857
BOB 6.910892
BRL 5.541304
BSD 1.000043
BTN 89.607617
BWP 14.066863
BYN 2.939243
BYR 19600
BZD 2.011357
CAD 1.37785
CDF 2558.50392
CHF 0.800557
CLF 0.023213
CLP 910.640396
CNY 7.04095
CNH 7.033604
COP 3860.210922
CRC 499.466291
CUC 1
CUP 26.5
CVE 94.159088
CZK 20.779904
DJF 178.088041
DKK 6.380104
DOP 62.644635
DZD 130.069596
EGP 47.704197
ERN 15
ETB 155.362794
EUR 0.853804
FJD 2.283704
FKP 0.747408
GBP 0.752191
GEL 2.68504
GGP 0.747408
GHS 11.486273
GIP 0.747408
GMD 73.000355
GNF 8741.72751
GTQ 7.663208
GYD 209.231032
HKD 7.807504
HNL 26.346441
HRK 6.434404
HTG 131.121643
HUF 330.190388
IDR 16697
ILS 3.20705
IMP 0.747408
INR 89.577504
IQD 1310.106315
IRR 42100.000352
ISK 125.630386
JEP 0.747408
JMD 160.018787
JOD 0.70904
JPY 157.48504
KES 128.909953
KGS 87.450384
KHR 4013.492165
KMF 420.00035
KPW 899.999767
KRW 1475.720383
KWD 0.30723
KYD 0.83344
KZT 517.535545
LAK 21660.048674
LBP 89556.722599
LKR 309.636651
LRD 177.012083
LSL 16.776824
LTL 2.95274
LVL 0.60489
LYD 5.420776
MAD 9.166901
MDL 16.930959
MGA 4548.055164
MKD 52.559669
MMK 2100.286841
MNT 3551.115855
MOP 8.015542
MRU 40.023056
MUR 46.150378
MVR 15.450378
MWK 1734.170189
MXN 18.233039
MYR 4.077039
MZN 63.903729
NAD 16.776824
NGN 1460.160377
NIO 36.804577
NOK 10.138704
NPR 143.372187
NZD 1.704304
OMR 0.385423
PAB 1.000043
PEN 3.367832
PGK 4.254302
PHP 58.571038
PKR 280.195978
PLN 3.59225
PYG 6709.363392
QAR 3.645959
RON 4.335404
RSD 100.234832
RUB 80.483327
RWF 1456.129115
SAR 3.751038
SBD 8.146749
SCR 15.161607
SDG 601.503676
SEK 9.268304
SGD 1.293104
SHP 0.750259
SLE 24.050371
SLL 20969.503664
SOS 570.513642
SRD 38.441504
STD 20697.981008
STN 20.921395
SVC 8.750267
SYP 11058.461434
SZL 16.774689
THB 31.425038
TJS 9.215661
TMT 3.5
TND 2.927287
TOP 2.40776
TRY 42.746504
TTD 6.787925
TWD 31.518904
TZS 2495.196618
UAH 42.285385
UGX 3577.131634
UYU 39.263908
UZS 12022.543871
VES 282.15965
VND 26312.5
VUV 121.02974
WST 2.787828
XAF 560.144315
XAG 0.014888
XAU 0.000231
XCD 2.70255
XCG 1.8024
XDR 0.69664
XOF 560.144315
XPF 101.840229
YER 238.403589
ZAR 16.77901
ZMK 9001.203584
ZMW 22.626703
ZWL 321.999592
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    0.0000

    80.22

    0%

  • CMSC

    -0.1200

    23.17

    -0.52%

  • BCC

    -2.9300

    74.77

    -3.92%

  • NGG

    -0.2800

    76.11

    -0.37%

  • JRI

    -0.0500

    13.38

    -0.37%

  • GSK

    0.3200

    48.61

    +0.66%

  • RELX

    0.0800

    40.73

    +0.2%

  • CMSD

    -0.0300

    23.25

    -0.13%

  • BCE

    -0.0100

    22.84

    -0.04%

  • BTI

    -0.5900

    56.45

    -1.05%

  • RIO

    0.6900

    78.32

    +0.88%

  • VOD

    0.0400

    12.84

    +0.31%

  • RYCEF

    0.2800

    15.68

    +1.79%

  • AZN

    0.7500

    91.36

    +0.82%

  • BP

    0.6300

    33.94

    +1.86%

'Sky's the limit' as Wrexham not worried about spending caps
'Sky's the limit' as Wrexham not worried about spending caps / Photo: © AFP

'Sky's the limit' as Wrexham not worried about spending caps

Wrexham's new-found corporate appeal under the ownership of Hollywood stars Ryan Reynolds and Rob McElhenney means the Welsh club are not concerned about spending caps in the English Football League (EFL), according to executive director Humphrey Ker.

Text size:

After 15 years in the National League, Wrexham were promoted back to the EFL on Saturday thanks to heavy investment from Reynolds and McElhenney since they took control from a supporters' trust in 2021 for an initial £2 million ($2.5 million) investment.

But they have reportedly spent £10 million in total restructuring the club and investing in player transfers and wages.

League Two clubs, where Wrexham will play next season, can spend up to 50 per cent of their turnover on player-related expenditure for players aged 21 and over.

However, the global attention garnered by "Deadpool" star Reynolds and McElhenney, most famous for his role in comedy series "It's Always Sunny in Philadelphia", has seen Wrexham attract major sponsors, social media platform TikTok and travel company Expedia.

"We actually generate an extraordinary amount of revenue because of the interest in the team, merchandising, and other things," Ker told BBC Wales.

"We're not losing too much sleep about that (spending caps). I think we'll fall well within the boundaries of what we are permitted to spend."

Wrexham needed a National League record points tally of 110 to see off the challenge of Notts County with only one automatic promotion place into the Football League.

And with four sides going up from League Two, Ker is optimistic that back-to-back promotions is not out of the questions.

"We feel that the sky's the limit for Wrexham," he added.

"You look at the crowds we had in the stadium all season, the crowds that were outside the stadium (on Saturday), people couldn't get a ticket.

"They just wanted to be in town, close to the stadium, close to the action.

"The last time I checked our full-time announcement (video) had 15 million views on Twitter.

"The interest in this club is astronomical and we believe with the squad we have right now we have a very strong chance of going up again next year."

T.Gilbert--TFWP