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Wrexham look set for a major cash windfall this summer thanks to a record breaking transfer at Anfield.

While Liverpool were completing the acquisition of Alisson from AS Roma for £65m, young stopper Danny Ward looks to be heading for the Anfield exit, and that could be great news for the Dragons coffers.

Ward left Wrexham as a teenager in 2012 after being snapped up by Liverpool for an initial fee of £100,000, plus a number of add-ons including senior competitive debut and senior international debut.

And it has also been confirmed by the club there is a ‘sell-on’ with Wrexham set to benefit if Ward’s reported £12m move to Premier League side Leicester City goes ahead.

It is a little like dreaming about winning the Euro Millions, but where should this cash windfall be spent by the Dragons?

Here Rob Griffiths takes a look at five areas where Wrexham could ‘splash the cash’.

Invest in the squad

The obvious answer, and one that fans will want, is to reinvest that windfall in the current squad.

Wrexham kick off their 11th season in the fifth tier next month with the long trek to Dover, a break from the Football League that is beginning to weigh on a number of fans - made more apparent if you read look at some of the social media posts.

Sam Ricketts has already been busy this summer with his recruitment. He inherited a squad from former manager Dean Keates that was capable of finishing only 10th, and stated on his first day in office at the Racecourse that finding an answer to a lack of goals was his main priority.

The manager has already worked to bring in Mike Fondop, a player who hardly caught the imagination of fans on his arrival, but has so far proven his doubters wrong with three goals in three appearances, albeit against sides from within the Welsh Pyramid and in pre-season.

Adding another recognised goal scorer tot he ranks, a striker with a proven track record of notching 20+ a season, would appease many fans worries, while investing in the current squad could also reap the rewards of a sustained promotion push back to the promised land of the Football League.

Paying off the Racecourse lease

A little back ground is perhaps required here.

The Wrexham Supporters Trust secured the long term future of the Racecourse in March 2016 with the agreement to sign a 99-year lease for use of the famous football ground from owners Glyndwr University.

Essentially that meant the club were responsible for the day-to-day running of the oldest international stadium still in use, but needed to find £100k every season to pay the university.

Paying off the lease would at least save the club £100k a year and in the long run could result in the Dragons saving money.

Invest in the future

This windfall has come from the ability and potential of ‘one of our own’ in the shape of Wrexham-born Ward.

The goalkeeper, who has four senior caps for Wales, came through the ranks at the Racecourse.

And one area for this money to be spent could be on reinvesting in the youth set up.

And that could benefit Wrexham in two ways. First it could ensure a steady stream of first team players for the Dragons and eliminate the need for the manager to dip into the transfer market.

Secondly it can also be an additional revenue stream, especially if quality players such as Danny Ward are produced.

Make improvements to the Racecourse

Taking on the lease of the Racecourse ensured Wrexham were not only responsible for the day-to-day running of the ground, but that they were also able to generate income from the famous old stadium.

But it also meant they were liable for any improvements, and or maintenance required at the ground.

The Racecourse is a wonderful venue, one steeped in history having witnessed some incredible moments for both Wrexham and Wales.

In terms of the National League, or indeed the division above, there are few grounds that can rival the Racecourse in terms of esteem.

But it is safe to say that the old ground has seen better days, and there are areas that could perhaps do with more than just a lick of paint.

Save it for a rainy day

I dislike the sentiment that Wrexham must ‘speculate to accumulate’ immensely.

Yes the National League is in danger of becoming a division where money talks, but money doesn’t always ensure immediate success, you only need to ask Forest Green Rovers how much the have spent and how long it took them to get out of the Conference.

A lot and a long time by my estimation.

I am not suggesting Wrexham simply tuck the money under the mattress and sit on it, but I would also guard against ‘gambling’ on success. This is bonus money that the club didn’t bargain for and while it will come in handy, it certainly won’t guarantee glory.

A frugal approach, however boring it may be, might be a prudent cause of action.