Wrexham won promotion out of League One in 2024/25 and will now play in the Championship for the first time ever.
Wrexham made club history when 2024/25 came to a close, notching a record 92 points in the third tier.
The Dragons have now won three promotions in a row and will play in the Championship for the first time since the competition was rebranded, not featuring in the second tier since the 80s.
Wrexham have been told to make six to nine signings as they prepare for life back in England’s second division.
Meanwhile, Rob McElhenney played down ‘consolidation’ for his club in 2025/26, seemingly hinting at going for another promotion.
And one of the club’s potential promotion rivals could now start the upcoming campaign on the back foot.
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Wrexham rival Leicester City could have a points deduction
It’s often the case that teams coming down from the Premier League are promoted straight back up.
Burnley did this in 2024/25, while Sheffield United reached the play-off final and Leeds United won promotion after two seasons in the second tier.
This obviously isn’t ideal for long-time Championship sides or teams like Wrexham coming up from League One.
Leicester City, Ipswich Town and Southampton were all relegated out of the Premier League in 2024/25 and history suggests they should be among the favourites for promotion.
However, iNews are now reporting this week that Leicester could be hit with a minimum 12-point deduction ahead of the new campaign kicking off.
The Foxes are being charged with breaching the Profitability and Sustainability Rules (PSR) regarding their accounts up to 2023/24.
Do Wrexham have to worry about PSR
Now that they are in the Championship, the Dragons will have to start complying with PSR.
However, we gained an insight into Wrexham’s finances in late March via expert Adam Williams and the club are in good shape.
Williams told us: “You don’t need to take a particularly deep dive to see they were well within that cap based on the figures we have from the 2023-24 accounts, but we’ll have a bit more context when the full books are released.
“In the Championship, the PSR system is based on profits or losses, not revenue, which alters the dynamic.
“Wrexham will be allowed to lose £41m over three years, with certain allowable expenses such as infrastructure investment. If they pay, say, £10m to improve the stadium, for example, that doesn’t count towards the quota.
“They lost less than £3m in 2023-24, which gives them £38m worth of headroom remaining for 2025-26, minus whatever they lose this season. I’d expect that loss to widen with increased wage expenditure and the sums they have spent in the transfer market.
“But even so, they should have a lot of grace in terms of how much they’re allowed to spend – at least, that will be the case in year one in the Championship.”