Fans Takeover Blue Square Premier League Side Wrexham FC

English Blue Square Premier League team Wrexham FC will receive new owners in the shape of their fans after a takeover deal was concluded.

Wrexham Supporters’ Trust (WST), which has been the preferred bidder, said it would take over the day-to-day running of the club on Tuesday.

Earlier, one of the club’s owners Geoff Moss threatened to talk to a rival unless he received a deposit by 17:00 BST.

A joint statement said a “suitable financial agreement has been reached”.

“The directors of Wrexham FC are delighted to annnounce that agreement has been reached with WST today to purchase the football club,” said the statement from the club. During this period Wrexham Supporters Trust will run the football club under a licence agreement pending approval by the football authorities.”

Spencer Harris, one of the WST’s directors, said the news was “fantastic” for fans, Wrexham and supporters in general. “We’re taking over the club as a going concern, breaking new ground in Wales and looking forward to a bright future.”

The deal will need to be approved by the Welsh FA and the Blue Square Premier League.