WREXHAM SUPPORTERS TRUST are seeking permission from their membership to “engage in talks with any potential purchasers with a view to a sale of a majority stake” in the club.

This follows on from the results of the Sale of Club survey, which indicated the following:

  • That members would listen to offers for a majority holding in the club and allow the Board to hold talks with prospective buyers.
  • That they would want the club to be valued in order to set a price.
  • That we would engage professional advisors to conduct the negotiations.
  • That our reasonable costs would be met by the purchaser.
  • That certain aspects of the clubs heritage be protected by contractual agreements with the new owners. These would include the name, badge ,colours, playing in the town. This list is not exhaustive.
  • That the WST is not wound up and remains as a supportive body of the club.
  • That the WST retains the lease on the ground and any other assets acquired.
  • That the WST retains a veto of some description on a future sale of the club.

A statement from the WST, published late on Monday night, added: “We will be proposing the following resolution for members consideration at the forthcoming AGM: Members of the society agree to adopt the results of a recent survey of members regarding a possible sale of the football club.”

The WST were keen to add some context to the decision, continuing: “In the nine years that the football club has been fan-owned we have never been asked by our members to sell the club. Our objects make clear that we must retain a majority holding in the club.

“However, despite that, we recognise that there may be circumstances where members may welcome a sale of the club. The survey results enforce this.

“The points on which members have shown concern would form a basis for a negotiation with prospective buyers.

“Any potential offer is not in our control and may not include all of these elements. Any prospective deal, whilst subject to negotiation, would be assessed on merit with the view to safeguard the remaining asset holdings of the WST and protect the future of the football club, and therefore ensure that any potential sale negotiations would be undertaken with the intention of delivering a positive outcome for Wrexham FC on a long term basis.

“Any potential deal would still be subject to members approval and would need a 75 per cent backing of the membership.”