Wrexham ownership transfer nears final stages

The transfer of ownership for English Wrexham is nearly completed.
The consortium led by businessman Neville Dickens exchanged contracts with administrators Begbies Traynor, and now must enter into agreements with the club’s creditors and the Football League.
 
There will be a required criminal background check of Dickens, and he must prove he has the money to allow Wrexham to meet its debt next season. The two sides have until 3 June to make the deal.
 
A spokesperson for Begbies Traynor issued a statement that read: “Meetings will take place during the month of May to ensure that wherever possible we achieve a completed and consensual rescue prior to the deadline. This has been the most difficult football assignment we have undertaken to date by far. Immense progress has been made in getting to this point and we are fully intent on seeing the rescue through to a swift and successful conclusion. We believe the Neville Dickens consortium is a party that has the interests of the club at heart and has the funding to take this club forward. Their’s was a credible bid, it was a timely bid, it was the right amount and it was capable of being delivered. This is the third hurdle we've overcome and maybe the biggest. Whilst the champagne corks are still in the bottle, the hurdles have been eliminated one by one and we hope that the end is in sight.”

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