Needing a victory to reach the playoffs, the Red Dragons conceded early and were reduced to 10 men soon after with the sending off of Paul Rutherford. Despite a last-minute equaliser, the draw meant Wrexham fell painfully short of the playoffs and extended their stay in the National League.
New manager, new striker, new squad
Following the disappointing end to their first season as owners, the Hollywood duo rang the changes in the summer with manager Dean Keates dismissed along with a host of squad players.
Parkinson was appointed ahead of the 21/22 season
Former Bolton Wanderers and Sunderland manager Phil Parkinson was brought in to provide experience, while the club also agreed a deal with Cambridge United striker Paul Mullin, after the Liverpudlian surprisingly rejected a contract extension from Cambridge having scored a remarkable 32 goals in 46 games to fire his former club to an unlikely League Two promotion.
Hollywood comes to town
In November 2021, McElhenney and Reynolds were able to make their long-awaited first visit to Wrexham for a game as the Welsh side hosted Torquay United at the Racecourse in front of the adoring fans.
After a poor start to the season – winning just four of their opening 11 games – the Red Dragons went a goal ahead after Harry Lennon’s early header but could only draw 1-1 after Connor Lemonheigh-Evans’s late equaliser for the visitors.
Dragons break their transfer record
As performances improved, Wrexham rose from 12th to 3rd by January. Later that month the new owners made their first sizeable financial outlay in the transfer market, bringing in AFC Wimbledon forward Ollie Palmer from the League One in a club-record deal of £300,000.
Palmer signed from AFC Wimbledon
As Wrexham approached the business end of the season, Parkison’s side continued their good form as they looked to mount an unlikely bid for the title. Facing off against bottom-of-the-table Dover Athletic, they were quickly 2-0 up inside 20 minutes but capitulated, conceding five unanswered goals to fall 5-2 behind shortly after 60 minutes.
However, in a last 30 minutes befitting of a Hollywood script, Wrexham mounted a superb comeback as a brace from Palmer – followed by Jordan Davies’s two stoppage-time goals – secured a dramatic 6-5 victory to keep faint hopes of the title alive.
Day out at Wembley
Alongside their league form, Wrexham reached the final of the FA Trophy, held at the iconic Wembley Stadium. Having fallen short to eventual champions Stockport County in the league, the Red Dragons enjoyed a day out at Wembley before their playoff semi-final against Grimsby Town.
The stars came out for Wrexham’s first visit to Wembley under new ownership
The owners flew in – joined by a host of A-list celebrities – but the day ultimately ended in a crushing defeat as Michael Cheek’s goal secured a 1-0 win for Bromley in front of 46,000 fans.
A week after their Wembley defeat, Wrexham welcomed Grimsby Town to the Racecourse Ground for the must-win playoff semi-final. After a topsy-turvy encounter, Davies’s late goal sent the game to extra-time at 4-4 but the Red Dragons eventually fell to a heartbreaking late defeat as Luke Waterfall scored in the final minute of extra-time to secure a 5-4 win for Grimsby, who would eventually go on to win the playoffs.
The defeat meant Wrexham remained in the National League, despite their second-place league finish, and extended their agonising wait for a return to the Football League.
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