PHIL PARKINSON insists Wrexham won't pay over the odds when it comes to completing new signings.

The success story continued at The Racecourse this season with the Reds' finishing runners-up in League Two, securing a second promotion in a row for the first time in the club's history.

With Wrexham back in League One for the first time in 19 years, Parkinson wants to strengthen his squad and has released nine players, including first team captain Luke Young, to make room for fresh faces.

He has been in talks with potential transfer targets but despite being owned by Hollywood stars Ryan Reynolds and Rob McElhnney, Parkinson says he won't pay inflated prices for players as Wrexham prepare for life in a higher division.

"Like I have said before, the way we have operated is that we identify the player and then a deal is put in place," said the Reds' boss.

"We then decide whether it represents good value and if it does, then we try and get it over the line.

"If it doesn't then obviously we move away as we have done in the past for various reasons.

"We haven't got to the stage of the summer of talking about fees and things like that.

"We are just looking at the players who are out of contract and the ones who have got one year left. Obviously we have done a lot of homework in the previous weeks as well.

"The clubs we will be competing with for those players will have equal spending power so I haven't really sensed that at the moment that people are trying to inflate the price because it is Wrexham."