A DECISION is to be made on whether negotiations for the sale of Wrexham Football Club can go ahead.

The Leader reported last week how an approach to invest in the club had been made by "two extremely well-known individuals of high net worth."

Following the approach, the Wrexham Supporters Trust Board (WST) called a special general meeting, which will take place this evening (Tuesday) at 7pm via Zoom.

The purpose of the meeting is to authorise the board of WST or sub-groups of the board (and advisers) to discuss the offer with the investors in order to negotiate a detailed heads of terms for a potential transaction.

The intention being that once a detailed heads of terms is negotiated the board of WST will call a further special meeting for members to accept or reject the offer.

Prior to the meeting, a spokesman said: "The investors, who wish for their identities to remain anonymous until WST members have authorised the board to proceed with discussions, are looking to purchase the entire shared capital of Wrexham AFC Limited.

"As well as the purchase of Wrexham AFC Limited for a nominal sum, they also intend to immediately invest £2 million into the club for the purposes of taking it forward as a business and as a successful football team.

"The WST and external professional advisers consider that the indicative offer is entirely credible.

"They consider that a credible potential offer of investment of the magnitude of £2 million should be assessed and negotiated, so that a firm proposal can be placed before the members as rapidly as reasonably possible."