Wrexham have been told they will need ‘external investment’ to handle the jump to the Championship.
That’s the view of their own club advisor Peter Moore, who has had his say on the Red Dragons, who will compete in the second tier for the first time 43 years next season.
It follows a third consecutive promotion after Phil Parkinson’s side finished second in League One.
Wrexham have now risen from the National League to the Championship in just three years.
Former Liverpool chief executive Moore has predicted an ‘interesting’ summer at the Racecourse Ground.
However, the Wrexham advisor believes the club will need further funding to remain sustainable.
Moore has been an advisor to owners Ryan Reynolds and Rob McElhenney since their takeover in 2020.
The actors have since overseen the clubs rise through the Football League as well as their popular Welcome to Wrexham series.
Asked about what to expect from the club this summer, he told talkSPORT: “It’s going to be interesting because they were in non-league three years ago.
“And if you watch the documentary, (Wrexham director) Shaun Harvey takes you through the wage structure in series one, but Championship to Premier League, it’s a whole different story.
“So we’ll see what Rob and Ryan (do), I think they’re going to have to get external investments.”
Wrexham have previously caught the eye in the transfer market with their acquisitions of former Premier League players, including James McClean and Jay Rodriguez.
Wrexham sealed their third consecutive promotion in AprilGetty talkSPORTMoore has served as an advisor to Reynolds and McElhenney since their 2020 takeover[/caption]The club were previously linked with a move for Fulham captain Tom Cairney this summer, but an approach has since been ruled out.
Meanwhile, Moore’s claim comes despite the club allegedly having the capability to reach a valuation of £150million next season.
According to football finance expert Kieran Maguire, Wrexham could surpass the figure Ipswich reached prior to their promotion in 2024.
He told the BBC last month: “I suspect promotion was factored into the original valuation to a degree, but with the brand connection to the owners and now being 46 games away from the Premier League, that could add on another 50% to the value.
“Ipswich were valued at £100m in February 2024 (before their promotion to the Premier League that May) so a good start to the season could push Wrexham above that by 50% or more due to the Ryan and Rob factor.”
Reynolds and McElhenney are also pushing ahead with plans to raise the capacity of the Racecourse Ground as the club’s popularity booms.
The 13,341-capacity ground has been Wrexham’s home since 1864, with plans currently in place to build a new Kop which will almost double that capacity.
Wrexham also hope to host international football once again if they can meet UEFA’s stadium rules.
Moore explained: “They’ve got to get to UEFA standards. Interestingly, they’ve got to move the dugouts to the other side of the pitch.”
He added: “It’s the oldest still functioning international stadium in the world, but it needs to be brought up to UEFA standards because they want to host the Under-19 Euros next year.”
Wales will host the 2026 Under-19 Euros across five stadiums next summer.
The Racecourse Ground has been selected as one of those host venues alongside grounds in Bangor, Colwyn Bay, Deeside and Denbigh.
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