When Wrexham Supporters Trust took control of the club back in 2011, they took on a business that was losing over £1 million a year and had just sold it's main asset, the iconic Racecourse Ground. Next week at their AGM the 3,000+ owners will hear how the club have made another profit and continue to make progress off the pitch. We believe that their story is worth sharing and proof that despite the regulatory system rewarding clubs that lose money and take risks, you can still succeed with a model that is committed to long term success.
Board Member Spencer Harris shares an insight into what they have achieved and how they operate below:
"The six years of ownership of the Wrexham Supporters Trust has required us to work extremely hard with a loyal and committed fanbase from when we took over in November 2011. Back then the under previous ownership the club had lost all of its assets including the stadium and training ground and was in a financially distressed state on the brink of collapse without a single policy in place to govern how the business is run. Today we have good business Read more click here
Article posted on the 4th April
Cambridge Fans United