The WST Board would like to issue the following update regarding the proposed takeover of Wrexham AFC by Rob McElhenney and Ryan Reynolds.
It has come to the Wrexham Supporters Trust Board attention that a member posted unofficial and unsubstantiated remarks on social media about the takeover being ‘concluded tomorrow’ (implying Monday 18 January 2021).
Please be advised that the WST Board will let members know as soon as possible through official Club/WST channels when there are further developments or when matters have been finalised.
Last week the board concluded negotiation of the Share Purchase Agreement with RR McReynolds LLC and have exchanged contracts.
Completion of the deal will now be conditional upon a change to the Wrexham Supporters Trust rules- as approved by the members in November last year- being registered by the Financial Conduct Authority.
We will keep members updated regarding this registration of the changes with the FCA.
In the meantime, we wish all supporters a pleasant week and hope you are keeping safe in these challenging times.
The Board of The Wrexham Supporters Trust