sportbible homepage
sportbible homepage
  • Football
  • Boxing
  • UFC
  • Home
  • Football
    • Premier League
    • Champions League
    • World Cup
    • England
    • Transfer News
    • Manchester United
    • Liverpool
    • Arsenal
    • Real Madrid
    • Barcelona
  • Formula 1
    • Red Bull
    • Ferrari
    • McLaren
    • Mercedes
    • Max Verstappen
    • Lewis Hamilton
    • Lando Norris
    • George Russell
    • Charles Leclerc
  • Boxing
  • UFC
  • More Sport
    • Tennis
    • Golf
    • NBA
    • NFL
    • Darts
    • Athletics
    • Rugby
    • Wrestling
  • Advertise
  • Terms
  • Privacy & Cookies
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Snapchat
TikTok
Threads
YouTube
Submit Your Content Here
  • LADbible
  • Tyla
  • GAMINGbible
  • LADbible Group
  • UNILAD
  • FOODbible
  • UNILAD Tech
Ryan Reynolds' Wrexham face having to comply with strict wage rule next season if promotion is secured
Home>Football
Updated 13:34 12 Apr 2023 GMT+1Published 11:09 12 Apr 2023 GMT+1

Ryan Reynolds' Wrexham face having to comply with strict wage rule next season if promotion is secured

Wrexham's wage bill is said to be between £3 million to £3.5 million and might just have to be trimmed.

Josh Lawless

Josh Lawless

google discoverFollow us on Google Discover

Wrexham could have to slash their wage bill next season should they achieve promotion to the Football League.

The Dragons picked up a huge win against National League title rivals Notts County in a thrilling Easter Monday affair at the Racecourse ground, with Ben Foster making an incredible 96th minute penalty save.

League leaders Wrexham are now three points clear at the top of the table and also have a game in hand.

The Welsh outfit are firmly in the driving seat to secure the sacred automatic promotion spot but playing in League Two does come with a strict salary rule.

Advert

Playing in League Two, the final division of the EFL, means clubs must adhere to Salary Cost Management Protocol. Therefore, they are only able to spend 55 per cent of their turnover on salaries.


The Athletic say that Wrexham's wage bill is currently somewhere between £3 million to £3.5 million in Non-League and are paying out some hefty salaries.

They forked out £375,000 for Ollie Palmer, while 44-goal talisman Paul Mullin is said to be their top earner on £4,500-a-week.

Image: Alamy
Image: Alamy

But Wrexham, with their Disney+ documentary and TikTok partnership, are faring well financially under their Hollywood owners Ryan Reynolds and Rob McElhenney.

They bought the club and gained full control for £2 million in February 2021, investing a substantial amount of cash into the team and community.

A recent financial report revealed a monumental 404% turnover increase from £1.478 million to to nearly £6 million, as well as £2.914 million in losses.

Image: Alamy
Image: Alamy

With a huge global appeal, Wrexham's numbers on their streaming service have been strong and promotion will only see even more money come in.

For starters, there's a guarantee £1.1 million for their TV income/sponsorship money and Premier League solidarity payment, while every home game shown on Sky Sports will earn them £20,000.

A £250,000 promotion bonus is set to be shared amongst the Wrexham squad if they do the business in the National League.

Featured Image Credit: Alamy

Topics: Wrexham, Ben Foster

Josh Lawless
Josh Lawless

Josh is a sports journalist who specialises in football and WWE. He has been published by Curzon Ashton FC, Late Tackle, Manchester City FC, The Mirror, Read Man City and Manchester Evening News. He provides coverage of professional wrestling and has covered two WrestleMania events for SPORTbible.

X

@joshlawless_

Recommended reads

'I don't want to be missing anymore' - Jamie Vardy drops retirement hint as he talks Netflix documentaryNetflix / Untold UK: Jamie VardyFormer Man Utd No.2 suggests only reason Michael Carrick would not get the full-time jobGetty ImagesVinnie Jones ‘would love’ for rags to riches life story to be made into movie as he talks Netflix documentaryNetflixMan Utd's 15 transfer targets to fill four key positions as at least six prepare to leaveGetty Images

Advert

Choose your content:

18 mins ago
an hour ago
2 hours ago
4 hours ago
  • Getty
    18 mins ago

    Jose Mourinho has already discussed three Real Madrid players with Florentino Perez

    Mourinho is the heavy favourite to become the next manager of Real Madrid.

    Football
  • Getty Images
    an hour ago

    Alvaro Arbeloa leaves entire press conference stunned with first comment on Valverde and Tchouameni fight

    Alvaro Arbeloa has addressed the Federico Valverde and Aurelien Tchouameni altercation at Real Madrid.

    Football
  • Getty
    2 hours ago

    Chelsea manager target holds talks with another Premier League club in move no-one saw coming

    Chelsea are searching for a permanent replacement for Liam Rosenior after sacking him in April.

    Football
  • Getty
    4 hours ago

    Arne Slot risks fresh Mo Salah row with pointed response to Liverpool 'standards' claim

    Salah spoke in uncertain terms about Liverpool's 'standards' once he leaves the club at the end of this season.

    Football
  • QUIZ: Can you name every one of the 92 football league clubs in under 10 minutes?
  • 'You son of a b***h!' - Ryan Reynolds and Ben Foster embrace in emotionally charged interaction after crucial penalty save for Wrexham
  • Ben Foster reveals what he demanded in his six-week Wrexham contract
  • Ben Foster reveals Ryan Reynolds and Rob McElhenney's hilarious reaction to penalty save, it sums them up