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Joint Statement from Wrexham Council, Wrexham FC and Wrexham Supporters Trust œ 2 March 2011

wstlogosmallwfc_logoWrexham FC, Wrexham Council and Wrexham Supporters Trust are pleased to announce that a positive meeting between the 3 parties was held this afternoon.

The meeting followed the stated desire by Wrexham FC owners to sell the club with a preference for a fans led consortium. The WSTs part in that potential outcome was the subject of the meeting.

The group discussed the future ownership and management of Wrexham FC, the Racecourse and Colliers Park. All parties were united in the aim to protect the Racecourse as the premier sporting venue in North Wales. It was agreed that Wrexham FC Directors would share the due diligence review œ completed today -  with WSTs advisors in the strictest confidence before the end of the week. This was in order to enable the Trust to finalise its proposals for approval by its members.

The Directors of Wrexham FC recognise the need for detailed consideration of the due diligence review before final plans can be prepared and confirm that they are prepared to consider a deal with the WST if a bid is forthcoming. All parties recognise though that there has been interest in Wrexham FC from other parties.

In order to explore the optimum outcome for Wrexham FC, the Racecourse and Colliers Park, Wrexham Council has agreed to facilitate further talks with representatives of all interested parties.

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