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Wrexham FC Takeover Latest – From The FA

NOTE: This content is old - Published: Friday, Nov 25th, 2011.

Another week has gone by with no update on the takeover situation of Wrexham FC. Our previous stories have covered the problems faced in the takeover, and our latestwas to say that the deal was all ready for the Football Associations ‘rubber stamp’.

A deal is required soon as turnstile revenue alone wont keep the club afloat

That story was two weeks ago, and with no noises from the FA we enquired directly with them this afternoon to find out more. We asked if they could comment on the takeover status and any further indication of timeframes or the like.

Late this afternoon (5.15pm) a spokesman for The FA said: “The Wrexham Supporters Trust continues to cooperate with The FA in relation to satisfying the requirements needed to purchase the club.

So there we have it, or not. It seems like things will be heading into another week, which is of great concern to the cash strapped loss making club as another round of wages are due shortly. The WST have injected a figure believed to be in the region of £100,000 however they do not have a mandate from their members to inject further cash.

Wrexham.com understands that once the FA give the green light, the Football Conference are prepared to endorse the deal so no further holdups ought to occur.

What are your thoughts on the FA’s stance? Please leave a comment below, or join the debates in our Wrexham.com/Forums/

 

 

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