Wrexham’s Championship Charge Marred by Financial Snag as Valuation Soars

WREXHAM, 31 January 2026 – The fairytale rise of Wrexham AFC continues on the pitch, with the Red Dragons now firmly in the Championship play-off places. However, the club’s remarkable financial ascent has hit a minor obstacle, with millions tied up in a broker’s collapse.

On-Field Success: The Push for Premier League

Wrexham’s unprecedented quest for a fourth consecutive promotion is gaining serious momentum. After a dramatic 3-2 win at Queens Park Rangers, the Welsh club has surged into 7th place in the Sky Bet Championship, amassing 44 points from 29 games. This positions them squarely in the race for the play-offs, a mere stepping stone from the Premier League. Their next challenge was a clash against bottom-placed Sheffield Wednesday, who sit on -7 points following a deduction.

Key Facts & Financial Standing

The Hollywood Effect and Financial Complexities

The club’s global profile, skyrocketed by the ‘Welcome to Wrexham’ documentary, has translated into tangible financial growth. Co-owners Ryan Reynolds and Rob McElhenney, who purchased the club for £2 million in 2021, recently secured a £48 million cash injection, partly through a minority share sale to Apollo Sports Capital. This has bolstered the club’s valuation to an estimated £250 million. However, this feel-good story has encountered a snag: reports indicate that approximately £6 million of club funds are currently caught up in the insolvency of foreign exchange broker Argentex.

Frequently Asked Questions

What league is Wrexham in?

Wrexham AFC currently competes in the EFL Championship, the second tier of English football, following three successive promotions.

Who owns Wrexham?

The club is owned by Hollywood actors Ryan Reynolds and Rob McElhenney, who completed their takeover in February 2021.

Can Wrexham get promoted this season?

Yes. Occupying 7th place, Wrexham is in contention for the play-off spots, which offer a route to promotion to the Premier League.