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Wrexham spending again !

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toontown
March 26, 2023, 11:59am
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Quoted from HertsGTFC


It’s interesting isn’t it. There is an assumption that when they go up they’ll operate a squad with loads of players who are of the level you describe but will they?

Don’t forget though Wrexham will have money it’s unlikely they’ll be able to match salaries of good players from the top 2 leagues whilst in league 2. In fact after spending a lot to fail last season unless I’ve missed something to their credit they haven’t drafted loads of names to make it work this season.

They will have a good squad for sure, one that will see them be a good bet for promotion but getting a player to drop down from the prem or championship is a lot harder than attracting fee diving prostitutes like Mullin or limited ability lower league players like Tozer & Palmer.

Players who earn theirs salaries in multiples of £5k/£10k per week won’t move into what will still be relative obscurity compared to the top to leagues for an extra few grand and a feature length episode about them on a subscription channel.

Their traditional and new support deserves success and we know from experience what that can do in a Town that’s struggling so again that’s good news and I don’t begrudge them.

If I was the National league I’d be really worried when Wrexham & Notts go up as they’ve probably done more to attract attention to tin pot than anything those half @rsed amateurs who run it could think of. When they’ve gone up I can’t see many interesting stories in the National League to attract sponsors etc..

As for Parkinson he’s relatively safe as the owners don’t really know much about the game, if they start to understand he may (hopefully) be under a bit of pressure if things don’t go to plan and the Tv ratings drop.


They're not gonna be recruiting established players from the prem for league 2 next season.

They will have to up their game again a bit but they had to overpay more in the NL than any other for the simple reason it's the toughest league to get out of, only the champs know theyrr promoted. Last season being the perfect example, finished runners up, miles ahead of town, got beat in the playoffs.

They will be recruiting league 1 level players again, maybe the odd championship player,l or two, they only need to finish 3rd to guarantee promotion. League 2 is tge easiest league to get out of (not saying its easy, but it's easier).

The amount of merchandise they're selling in the states for a club ofbtheir size is huge, then there's money from tik tok sponsorship, aviator gin, the Disney documentary, not to mention sell out crowds. They will be fine next year, probably in league 1 too, although that's obviously tougher, its if they get to the championship that I can't see them generating enough - the sums involved are just too big. Unless Reynolds wants to spaff a load of his cash at it for 1 season and hope to make it via the playoffs.
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aldi_01
March 27, 2023, 6:51am

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They will Spaff next year, no doubt about it. League 1 will be the stumbling block.

Stockwood alluded to the fact they’ve already got a league 1 budget but the disparity between budgets in league 1 is bigger than the conference, you’ve teams in there with massive budgets who get huge crowds. This is where they’ll stall for me. Whatever anyone thinks of Ryan, he’s clearly shrewd to some degree, spaffing £3m in the conference is fine but you’d have to Spaff probably double/three times that to possibly compete in league 1.

The TikTok sponsorship will be interesting should governments start imposing tougher restrictions on them.

Parkinson is still their issue…


'the poor and the needy are selfish and greedy'...well done Mozza
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gtfc98
March 27, 2023, 6:42pm
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Quoted from aldi_01
They will Spaff next year, no doubt about it. League 1 will be the stumbling block.

Stockwood alluded to the fact they’ve already got a league 1 budget but the disparity between budgets in league 1 is bigger than the conference, you’ve teams in there with massive budgets who get huge crowds. This is where they’ll stall for me. Whatever anyone thinks of Ryan, he’s clearly shrewd to some degree, spaffing £3m in the conference is fine but you’d have to Spaff probably double/three times that to possibly compete in league 1.

The TikTok sponsorship will be interesting should governments start imposing tougher restrictions on them.

Parkinson is still their issue…


In reality I doubt Reynolds and McEllhenney have actually spaffed anything. The documentary will be making them way more than 3m per season. Pretty clever really.


No longer Sick of the BlueSquare  
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promotion plaice
March 28, 2023, 7:58am

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Money talks....

Man Utd announce they will take on Wrexham in San Diego as part of their summer tour of the United States.


When Leeds trainer Les Cocker was once told Norman Hunter had broken a leg, he asked: “Whose is it?”
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RonMariner
March 28, 2023, 8:05am

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Quoted from promotion plaice

Money talks....

Man Utd announce they will take on Wrexham in San Diego as part of their summer tour of the United States.


What is happening at Wrexham if another manifestation of our celebrity obsessed culture. It’s not just about the money, it’s about the star profile of the owners.

I still think that balloon will deflate very rapidly once Reynolds gets bored of it or finds another plaything closer to home.
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WOZOFGRIMSBY
March 28, 2023, 8:14am

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Quoted from RonMariner


What is happening at Wrexham if another manifestation of our celebrity obsessed culture. It’s not just about the money, it’s about the star profile of the owners.

I still think that balloon will deflate very rapidly once Reynolds gets bored of it or finds another plaything closer to home.


Agree with the first part wholeheartedly. There was something similar in the mid-late 90s when Robbie Williams was rumoured to be taking over port vale.

While there is money to be made at Wrexham and the exposure is there, am sure that deadpool and his mate will milk it for all it’s worth, and fair play to them for it. Do I agree with the way that they are doing it by paying over the odds for each mercenary that joins them? Not one bit, but then again, it would be hypocritical of me to dismiss it, because I’d be happy if it was happening at town


Rose is on fire

And your scotch eggs are fu(king vile
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MarinerMal
March 28, 2023, 12:52pm
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Quoted from RonMariner


What is happening at Wrexham if another manifestation of our celebrity obsessed culture. It’s not just about the money, it’s about the star profile of the owners.

I still think that balloon will deflate very rapidly once Reynolds gets bored of it or finds another plaything closer to home.


Even if it does deflate they'd only end up back were they are now but at least they would have been on a hell of ride. That is all most fans of lower league clubs want.

They seem to be doing more than just throwing money at it, they do look they are trying to build the brand and with some success. They don't appear to be irresponsible owners and I think if they do eventually leave, they leave Wrexham in a better place then what they found it.

I hope their fans enjoy the ride.
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Maringer
March 28, 2023, 1:28pm
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The thing to remember is that the money Reynolds is spending is pretty much small change in comparison to his wealth from business interests, let alone his income from acting. He's reportedly just made $300 million from a stake in a mobile phone firm and he made a fortune from a stake in a gin company a few years ago as well.

The documentary deal probably covers a good amount of the expenditure on the club so far, but it is still a drop in the ocean in comparison to what he can afford. McElhenny will also be pretty well off, so they won't have to scratch around for money to spend a couple of million here and there.

It's not quite the same degree, but Salford City being mostly owned by a Singaporean billionaire really shows how vast wealth can distorts the market for smaller clubs. We know that Abramovich spent a ludicrous amount at Chelsea and the various despotic Middle Eastern regimes are trying to do the same for their sportwashing projects, so it probably isn't too much of a surprise that this is filtering down the divisions as well.
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scrumble
March 28, 2023, 1:38pm

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Has Reynolds really spent that much on the club. The Tik Tok advertising, the TV show, shirt sales through the roof have probably made back any money spent on players


Byddwn ond yn canu pan fyddwn yn pysgota
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TheFryingSquad
March 28, 2023, 5:58pm
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Quoted from RonMariner
Is Reynolds in it for the long term though?

It's relatively easy to buy your way out of the NL. In our first stint there Fleetwood and Crawley did it, and then Luton following a lucrative cup run.  One to two million invested in the playing squad will get you out.

Promoted clubs seldom go straight through L2 though, if they are in a hurry to do so it probably involves a costly upgrade to the squad, but still chicken feed to a man or Reynolds's wealth. But getting further up the ladder involves a far more serious injection of funds.

Look at the clubs in L1 currently, Wednesday, Ipswich, Derby, these are large clubs. It took Sunderland years to escape. Lincoln have lost 6 million in the last four years and that gets them mid table. Millionaire owners of FGR and MK Dons see their cash buying relegation threatened sides.  So getting out of L1 will probably set him back an aggregate outlay running over the ten million mark.

And then what? The sums involved in mounting a promotion challenge in the Championship are astronomical. Derby spent £200 million without success. Preston, sitting mid table,  are reportedly over £60 million in debt. The Premier League £40 million parachute payments mean that relegated clubs start with a formidable war chest, which explains why clubs like Norwich, Fulham, Sheff Utd, and Bournemouth can yo yo between the divisions.

So buying a small club into L1 is certainly possible. But will Reynolds really want to hand over the huge sums to progress further? It may be that Netflix is footing the bill thus far. But again, they are a business and one assumes have no desire to lose a fortune for the sake of Wrexham.

So I think the Wrexham fans are going to have a great ride for another couple of seasons, but something tells me that it's not going to last. As soon as Reynolds finds a sports project closer to home the writing will be on the wall for them.        


Do we know how much the Wrexham owners have put in over and above the purchase price?  Could it be the case that with sell-out crowds every week, increased sponsorship and two Netflix series, that it’s pretty much cost neutral?
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