Wrexham Football Club has been sold, bringing the club out administration
just before the start of the new football season.
The club narrowly avoided dropping out of the competition, as the league’s
rules stated that the club must get out of administration before its opening
fixture on Saturday.
Dave Acland and Steve Williams, partners at Begbies Traynor, steered the club
towards its sale to a consortium led by businessman Neville Dickens.
‘It’s been the hardest football assignment we’ve done,’ said Acland.
The administrators fought former owner and chairman Alex Hamilton over
possession of the club’s ground, which proved crucial in the club’s sale.
Acland said: ‘It has been difficult to trade, plus the complexity of the
transaction of the ground.’
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children