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Birmingham City and Wrexham are both on exciting paths toward potential Premier League status, driven by heavy investment and ambitious goals.
Both clubs have wealthy owners: Wrexham’s Hollywood duo Ryan Reynolds and Rob McElhenney, and Birmingham’s US hedge fund manager Tom Wagner, who are providing the financial muscle needed for their top-flight aspirations.

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00:00Birmingham City and Wrexham are both on exciting paths towards potential Premier League status, driven by heavy investment and ambitious goals.
00:11Blues have already secured automatic promotion in the League One title, while Wrexham, currently second, are aiming for their third successive promotion.
00:20Both clubs have wealthy owners Wrexham's Hollywood duo Ryan Reynolds and Rob McElhenney and Birmingham's US hedge fund manager Tom Wagner, who are providing the financial muscle needed for their top flight aspirations.
00:36While both sides are in strong position, the challenge grows as they move closer to the Championship and Premier League.
00:43Wrexham's owners have left the door open for further investment, which could strengthen their push for promotion.
00:49Meanwhile, Birmingham City are seen as a better position for Premier League football, given their previous top flight experience and plans for a new 62,000-seater stadium.
01:01Despite their financial backing, former Premier League star Alan Shearer has cautioned about the challenges ahead.
01:08Speaking to Betfair, Shearer expressed optimism about both clubs' futures, but warned that the financial landscape of the Championship is vastly different from that of League One.
01:19I don't think it is this monumental challenge that some people are maybe making it out to be.
01:24Look what Ipswich did, you know, they went back-to-back themselves and a key reason they did that, they recruited smartly, got some really good experienced players in.
01:33But they also just had that momentum.
01:34Shearer's concerns were echoed in a discussion on the Rest is Football podcast, where he noted that Wrexham's financial constraints, particularly the profit and sustainability rules, could limit their long-term ambitions.
01:49However, he acknowledged that the club's journey under Reynolds and McElhenney has been a fascinating watch.
01:57As both clubs prepare for the next step, the pressure to sustain their financial ambitions while competing in a highly competitive league will be immense.
02:07The next few seasons could be critical in determining whether they can break into the Premier League.
02:13The next few seasons could be critical in the Premier League.

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