Wrexham are spending big this summer and now sit top of a Championship list going into the final few weeks of the window.
After promotion to the second tier was secured in April, Wrexham have set about making vast improvements to their squad.
Wrexham are not in danger of breaching PSR and have so far completed nine signings.
Josh Windass, Conor Coady and Kieffer Moore have brought a plethora of Championship and Premier League experience to the club.
Meanwhile, it was confirmed this week that Wrexham have signed Nathan Broadhead in a new club record deal from Ipswich Town.
The Broadhead fee, believed to be an initial £7.5m rising to £10m with add-ons, now sees the Dragons top of one list this summer.
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Wrexham have most expensive internal Championship transfer
According to Transfermarkt, the most expensive incoming transfer made by a Championship team this summer is Azor Matusiwa to Ipswich Town for €11.50m.
However, when it comes to deals between two Championship teams, it is Wrexham who have completed the biggest deal.
The Broadhead fee, which Transfermarkt reports to be €8.70m, is the biggest internal transfer by some distance.
Second on the list is the €6.40m fee Millwall paid to Middlesbrough to land centre-forward Josh Coburn.
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Wrexham may get better transfer value elsewhere
While Wrexham have had a good transfer window, there may be more value in the long-term shopping outside of the UK.
Broadhead’s transfer fee has been questioned by fans, and apart from Liberato Cacace, every addition made by the Dragons this summer has come from an English club.
Prices of players inside England can often be inflated and there could be more bargains to be had abroad.
Wrexham have just won promotion, and it’s clear Phil Parkinson wants experienced, proven players at this level to ensure his team can cope in the Championship.
But in the long term, it could benefit the Welsh side to start recruiting outside of England on a more regular basis.