Owner says Wrexham FC sale agreed in principle

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Staff reporter

WREXHAM FC owner Geoff Moss has revealed he has finally agreed in principle for Wrexham Supporters Trust (WST) to take over the club.

The trust is also set to become new owner of the historic Racecourse ground and the Colliers Park training ground for an as-yet undisclosed sum.

The deal, which is yet to be formally signed, appears to end many months of speculation about who will control the Blue Square operation.

Mr Moss said agreement in principle finally came after a summit meeting at The Racecourse yesterday morning.

Involved in the conclusive talks were Mr Moss, acting managing director Jon Harris and Rod Finlay, chief executive of the Crusaders rugby league club which shares the ground, and three representatives of the trust board – its new chief executive Richard Green, solicitor Rob Parry and secretary Gavin Jones.

Mr Moss said: “After some intense discussions we came out with a broad agreement in principle for the trust to take over the club, the ground and the training ground.

“There is still some legal and accountancy work to be done where the ‘i’s’ will be dotted and ‘t’s’ crossed.

“Hopefully, everything will now move forward very quickly.

“I am expecting the heads of terms, which means the trust can operate as the new
owners, will be signed within a few days.”

He added: “I have sold the football club for a nominal £1 as promised but the amount the trust will pay for the other assets, including the two grounds, is still subject to valuation on both sides. It wouldn’t be fair of me to mention any amount of money at this stage.”

Asked if he is satisfied with the sum due to be paid for the whole operation, Mr Moss said: “I am satisfied the club can now go forward.

“I honestly believe manager Dean Saunders has put together a very good team who can do great things.

“I would now urge all our supporters to come forward and buy new season tickets – what the club needs is bums on seats.”

When finally signed, the deal will end five years in charge of the club for businessman Mr Moss.

He said he had made an offer to the trust to continue to help with the youth development side of the club.

He added: “Over the next few months Ian Roberts [co-owner] and myself will be as supportive as we can be to ensure the club is a success.

“Whatever people might say, we do love football.”

A statement from the WST says: “Representatives from the Wrexham Supporters’ Trust have been in negotiation this morning (Tuesday) with members from Wrexham Village, Wrexham Football Club and Crusaders.

“All parties have agreed that significant progress was made.”

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