PETER JONES has hit back at claims Wrexham Supporters Trust are not interested in seeking external investment.

The WST board has been accused of not wanting outside parties to invest in the club but chairman Jones insists that is not the case.

Jones says there is no mandate in place for the board to look for potential new owners or financiers, and what stake in the club that WST members are willing to give up to investors is something that needs to be discussed and agreed at the AGM.

"There has never been a mandate to seek investment," said Jones.

"There are no assets to invest in but if someone was interested in investing in the club, how much ownership would members be willing to give up and at what price?

"That is a question that people need to ask themselves.

"You need a resolution at the AGM for people to bring that forward so it can happen.

"Everyone has got an opinion on what route to go down, that is for members to make that decision.

"I am 100 per cent behind fan ownership but there are different models of fan ownership."

Wrexham are in a healthy position off the field but the Reds have had a miserable season on the pitch.

Currently 19th in the National League, Dean Keates' side are only two points above the drop zone.

Keates has strengthened his squad since the turn of the year with Jones saying everything possible is being done in the battle against relegation. "Fans are worried about the position we are in but so is everyone at the club from top to bottom," added Jones.

"We are totally debt free but we are at the wrong end of the table and it hurts us as much as anybody.

"But the position we are in, the football club board is working hard along with Dean to get the position over-turned and that was shown by the signings in January.

"We have backed the manager on that score.

"There is not much more we can do as a board other than get out there on the pitch."