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

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.

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.

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.

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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