The valuation of the stake they plan to sell is reportedly up to £350 million, which is a significant increase from the club's previous valuation. This rise in value is a result of the club's impressive performance on the pitch, especially under the leadership of Reynolds and McElhenney. They have successfully promoted the team three times in recent years.
Wrexham is expected to earn around £50 million in revenue from the Championship season, excluding broadcasting rights, sponsorship deals, and other sources of income. The club's rapid growth has led to a significant increase in average salaries, which now triple compared to the previous league.
Reynolds and McElhenney are already working with investment bank advisers to gauge interest from potential investors. They have already secured a significant investment from the Allyn family, who hold a nearly 15% stake in the club. If they can find an investor at the proposed valuation, it would mark an 18,900% increase in the club's value.