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New twist in Wrexham takeover as preferred bidder Booth opts out

Wrexham Football Club’s preferred takeover bidder Stephanie Booth has pulled out of negotiations to buy the Blue Square Bet Premier side alongside the Wrexham Supporters’ Trust.

In a statement released after the club’s play-off semi-final defeat to Luton, Booth said that the WST had chosen to proceed with businessman Stephen Cleeve.

"I was asked by both the current owners and the fans to form a partnership with the Wrexham Supporters Trust to purchase Wrexham FC jointly and therefore proceeded to sign confidentiality agreements which have prevented me from reporting on that process," the statement read.

"I can now reveal that I offered the WST a majority and controlling stake in the football club despite the fact that I would invest most of the money to clear debts leaving their investment for pure equity. This they have rejected.

"It is my personal view that the WST would sell their soul to gain control of Wrexham FC, whatever the long term consequences of doing so.

"I have stuck with this process through thick and thin, investing considerable amounts of time, effort and money whilst enduring libellous comments, personal abuse and threats."

But Booth’s comments were countered in a statement from the WST, who said Booth’s proposal ‘lacked detail’.

"The Wrexham Supporters Trust Board is very disappointed with the comments made by Stephanie Booth and will consider our position as a result. The board of the WST only ever received an outline proposal from Stephanie which lacked any detail and were waiting for a formal proposal from her which never materialized," the WST said.

"The WST categorically deny making any libellous comments, threats or abuse to Ms Booth, and would advise her to take this matter up with North Wales Police. We would like to thank Ms Booth for using her media skills to bring the Club’s plight to the people of Wrexham and North Wales."

Wrexham have been for sale since last year with the current owners unable to sustain the club’s current financial position, leading to a winding up order from HMRC which the club paid off prior to the play-offs.

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