Tag: Wrexham

Custodians, Fans And Ownership: From Arsenal To Wrexham

The Arsenal take-over looks like being a long way from the toxic take-overs of The Glazers and Gillett & Hicks. But, as SJ Maskell writes, custodianship is about doing more than saying and doing the right things and the real power in the game lies in the majority ownership of shares. I have a friend who is an Arsenal Fan. He is also an Arsenal shareholder. Not as a member of the Arsenal Trust or of the Fanshare Scheme but in his own right. I move in elevated circles, as you can see. The history of these particular shares is interesting. It is well known that in 1913 Sir Henry Norris moved Arsenal to Highbury in a bold move to rescue a club that was struggling financially. During the close season the pitch, terraces and turnstiles were built and the grandstand started. Sir Henry raised what was then a vast sum, £125,000, to build the ground. What doesn’t seem to appear anywhere in the history of Arsenal online is that extra money was raised by supporters ‘chucking money into a hat in return for shares,’ as my friend puts it. Five shares for £5 was the deal. My friend’s grandfather donated his £5 to help the club. The share issue was seen as largely irrelevant at the time – a curio which allowed you to have tea and biscuits...

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Fiddling As Wrexham Burns

The news that Wrexham Football Club has been served with a Winding Up Order by HMRC came as little surprise to anybody that has been paying much attention to what has been going on at the club over the last few months or so. Indeed, this relatively new aspect to a story that has now been ongoing for several months is one of the more straightforward side-stories in a saga that has gone beyond farce. When we last stopped off at The Racecourse Ground, Stephanie Booth, the woman that has painted herself as the saviour of the club, seemed to have burnt her bridges with the club after having issued a public statement – something that she seems rather fond of doing – stating that she had seen a “seven day notice” of a winding up order that was due to be issued against the club. Without wishing to get too deeply involved in the legal aspects of this case, there is no such thing as a “seven day notice”, at least in a legal sense. A creditor wishing to petition a debtor is required under section 6.1 (or section 6.2, if a county court judgement has already been obtained with regard to the money concerned) of the Insolvency Act 1986 to issue a Statutory Demand, which gives twenty-one days for the amount owed to be paid in full...

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Further Farce At Wrexham

All of quiet on the Western front at the moment. Since we last reported on the subject of Wrexham, things have been comparatively quiet. This, however, is “quiet” by the standards of Wrexham AFC, and this means that, by the standards of most over clubs, it has continued to be a busy time of statement, counter-statement, accusation and counter-accusation. At this stage, we wouldn’t expect anything less and the future of the club remains completely in the dark, and it is starting to feel as if the club’s owners are likely to frustrate any sale of the club until it knows whether it has been promoted into the Football League at the end of the season. Two weeks ago, the Wrexham Supporters Trust laid out their plans for the club, even though their meeting was somewhat troubled by the fact that they were unable to answer every question that they were being asked. To the extent that they could answer the questions that they were being thrown at them from the floor, though, it seems that they made a reasonable job of stating their position. Unfortunately, though, their continuing lack of access to the clubs’ books means that they are still unable to exactly clarify exactly what form their bid for the club will take. If only such discretion was possible from Stephanie Booth. Booth has, in spite of...

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Wrexham FC: Familiar Faces And Even More Familiar Divisions

It was recently noted by some wise soul that if the recent tribulations of Wrexham FC were to be suggested as the plot for a soap opera, they would be rejected as being too far-fetched. Any lingering doubts that these particular truths are stranger than fiction have been swept from the mind over the last seven days in a tumultuous week that has seen two of the bids for the club – apparently – fall by the wayside, two new ones appear and some of the old faces that we mentioned on this site just a couple of weeks ago re-enter the fray. Meanwhile, Wrexham’s supporters can now only wait and watch to see where the ownership of their club. After the events of last weekend, it all seemed cut and dried. Prior to last Saturday’s match against Forest Green Rovers, Booth’s status as the preferred bidder was confirmed in a somewhat ridiculous ceremony on the centre circle before kick-off. Surrounded by cheerleaders, a stapled envelope was opened and Booth read out her own apparent succession to the throne before closing with a rendition of the Welsh National Anthem, “Land Of My Fathers”. The whole “ceremony” can be seen here: What, though, was the substance of her bid? Answers to this, of sorts, came in the form of this leaflet, handed out at the ground on Saturday. It makes...

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Wrexhams Ownership: Peering Through The Smoke And Mirrors

It has been another week of spin, mixed messages and division at Wrexham FC, but by the time of the kick-off in their match against Forest Green Rovers this afternoon their supporters may have a better idea of who the new owners of and investors their club are. It is important to differentiate between “having a better idea of” and actually knowing, because we know no more about who the investors behind the Booth bid are than we did at the very beginning. Meanwhile, the club may be left a laughing stock by the public nature of the divisions within the club’s support and the peculiar way in which the decision over who the preferred bidder for the club will be made. Being Wrexham, this isn’t a decision that could merely made by the means of a press statement or even a press conference. A club with an apparently natural flair for making a drama out of a crisis, the preferred bidder was due to be announced with the opening of an envelope before today’s match. It’s uncertain whether this is still to go ahead, but the whole process has taken on the air of a badly-produced episode of The X-Factor, with much of the thin veneer of democracy that this programme provides. The only problem with this is that, in any meaningful sense, it isn’t a democracy. There...

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