Alan Shearer's verdict on Birmingham and Wrexham's Premier League chances after warning

Alan Shearer has expressed his eagerness to witness Hollywood-owned and rivals climb their way up to the . As it stands, the Blues have already clinched the title, while the Red Dragons are close to a third successive promotion as they vie for the runner-up spot.

The prospect of both clubs competing in the has seen the icon praise their achievements. However, highlighted the immense challenge that awaits them in their quest for top flight glory.

Both teams have wealthy owners, with Wrexham having celebrity A-listers and at the helm, while Birmingham are led by US hedge fund manager Tom Wagner. It means Wrexham manager and Birmingham boss Chris Davies are likely to have a substantial transfer kitty in the summer. But the Match of the Day pundit has issued a note of caution about how far their riches will take them in the second tier.

READ MORE:

READ MORE:

"I would like to see both Birmingham and Wrexham in the Premier League one day," Shearer told . "I think it's great what's happening at those football clubs. But I also would be cautious because of what they'll be able to spend in the Championship.

"It's very different in League One to what they can come in and do in the Championship. Whether they'll be able to go on and push on as much as they'd like, or can in terms of financials, is very different now they've reached that level."

The former England international added: "Wrexham had a great result the other day and Wycombe were beaten 4-0 at home, so that was an incredible result for them. It's turned the other way towards Wrexham now. Again, two huge football clubs with massive fanbases, both Wrexham and Birmingham."

Wrexham are currently two points ahead of Wycombe in the chase for League One's coveted second automatic promotion spot. The Welsh club are set to face off against fourth-placed Charlton on Saturday in what promises to be a pivotal clash at the Racecourse Ground.

Should Wrexham clinch a victory and Wycombe falter at Leyton Orient, Parkinson's squad could see their promotion dreams realised. Back in January, about whether Reynolds and McElhenney could truly fulfil their ambitions of taking Wrexham to the Premier League.

During a discussion on The Rest Is podcast with and Micah Richards, he pointed out that financial regulations might pose significant hurdles to the club's continued success. Shearer shared his insights following a question regarding Wrexham's future prospects.

"I think the answer to that is, we're not quite sure," he said. "That's because of how far they'll be able to go in terms of finance, spending and all of that, because of the PSR (Profitability and Sustainability) rules."

Lineker praised the club's accolades under its celebrity owners, but also hinted that the competition could intensify should they go higher.

"The higher up you go, to compete with the top teams in the league, the more you need to invest," said the former forward. "It's worked so far, and it depends what their desires are and what their ambitions are.

"They're already taking one or two other clubs on in different parts of the in a similar sort of TV project. Once you get right to the upper echelons of, say, Premier League football, then it really does become more challenging, but it has been fascinating to watch."

and receive your daily dose of Mirror Football content. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. If you're curious, you can read our