Wrexham Hollywood takeover: How the world reacted

Former Wales striker Dean Saunders, who managed Wrexham, says he expects success will follow quickly along with the £2m of investment.

“I think we all thought it this a wind up when it first broke, ‘this has to be a joke’ but finally they’ve got it over the line and I think in this day and age just to keep the club surviving is good,” he told BBC Radio Wales.

“Everything they’ve said sounded right, they are going to invest money into the community side of things, the ladies team they’re going to put some money into that, and the stadium’s going to be obviously refurbished so I think it’s just great for Wales.”

Another former Wales international, former Wrexham player and director Barry Horne, says the investment will be “transformative,” for the club who have been seeking a return to the Football League for 13-years since ending their 87-year stay with relegation in 2008.

“It is an exciting time, the excitement has been fantastic and constant the more information we have received,” Horne told BBC Wales.

“There is a huge sense of relief it has gone through. They’ve been impeccably professional.

“The money they have invested is transformative… it is a phenomenal amount of money at this level.

“That would double Wrexham’s budget, it is life changing for Wrexham football club at this time.”