Administration ending for Welsh Wrexham

Welsh Wrexham will come out of administration today after 19 months.

Manager Denis Smith thanked Premier League giants Liverpool for help in keeping Wrexham afloat, as former director Neville Dickens and businessman Geoff Moss will take the reins.

It will end a struggle that almost cost the club their Racecourse Ground, before the stadium was returned to its control from former owner Alex Hamilton after a long High Court action.

"It is the final end to a long, long fight," Wrexham spokesman Geraint Parry said.

The Football League board sanctioned the end of administration with a few minor details to be sorted, but the handover of the club to the new owners is very close.

"Everybody is absolutely delighted and now we can get on with the process of improving the club," Dickens said.

Wrexham picked up a GBP 100,000 cash from their home friendly with Liverpool Saturday, with the bigger club again waiving their cut of the gate money as they did for a friendly at the Racecourse Ground last summer.

Liverpool also hired the stadium for their reserve matches. "Liverpool have been absolutely magnificent to this football club since we've been in trouble," Smith said. "We could not have asked for better from a Premiership side who have shown that they care about football in general, not just about themselves. They have kept us afloat."

Source: euFootball.BIZ © Copyright 2006 - All rights reserved.