Wrexham Supporters' Trust and owners Geoff Moss and Ian Roberts yesterday finally reached an agreement over the sale of the Conference club.
The deal which has been under discussion over the last four months came after Moss and Roberts issued an ultimatum to put up or they would open negotiations with other interested parties. A 5pm deadline was set yesterday.
Trust chief executive Richard Green said it a “significant and historic moment” for Wrexham fans.
“I’d like to thank the loyal fan base at Wrexham for their continued support for the trust’s efforts to take the club into fan ownership.”
A statement on the club’s website said the trust will now “run the football club under a licence agreement pending approval by the football authorities”.
The trust’s projections identified it could lose about £750,000 by the end of the season if home gates were between 3,000 and 4,000.
But Green said the group has plans in place to deal with “whatever contingencies” they face.