Wrexham stadium lease saga rumbles on amid Ryan Reynolds' redevelopment plans
A bid by Wrexham's Hollywood owners to acquire full control of the Racecourse Ground is still rumbling on two and a half years after they bought it.
Ryan Reynolds and Rob McElhenney completed the purchase of the freehold of the historic stadium from Wrexham University in June 2022.
The move put the Red Dragons' home ground back under its ownership for the first time since August 2011.
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Reynolds and McElhenney have ambitious plans to redevelop the stadium, with a new 5,500-seat stand due to be built at the Kop end.
As part of the proposals, the club asked Wrexham's previous owners to surrender a 99-year lease on the Racecourse back in February 2022.
The lease held by the Wrexham Supporters' Trust was agreed six years earlier to protect the stadium's future.
The two actors offered to provide a covenant to keep the north Wales outfit at its current home until "at least 2115" in its place.
WST members voted to let go of the lease in December last year, but the move has yet to be finalised after the club appointed new architects to draw up a masterplan for the whole ground this autumn.
The WST has now released a statement providing an update on the long-running saga.
It states: “We agreed documents containing the necessary legally binding covenants to facilitate the collapse of the Cae Ras (Racecourse) lease structure in January 2024.
“Following the announcement made by the club about the revised design for the Kop and other ground redevelopments, the club need to make minor alterations to the documents before they sign.
“To date we are awaiting details of these changes and will keep members updated on any progress in the New Year.”
In January 2023, the club voiced its frustration over the lack of progress on the lease issue.
It followed "complex talks" over legal protections aimed at guaranteeing Wrexham will remain at the Racecourse in the long term.
WST chair Barry Jones said such measures were required after previous owners tried to kick the club out of its stadium.
With an end to the lease saga potentially in sight in the New Year, the supporters' group has also provided an update on its own future.
There has been a large turnover in board members since the WST sold the club to Reynolds and McElhenney in February 2021, with only sporadic communication over the last few years.
It said: “It was our intention that after completion of the collapse of the leases, we would conduct a review of your trust’s aims and purpose, and to how we would retain our relevance as the club develops.
“We have decided to start the re-branding exercise and an overhaul and improvements to our IT and social media content, with an expected completion before the end of the first quarter of 2025.
“In the autumn, the trust joined Wrexham Supporters Federation (WSF) board as non-voting observers to ensure that both groups speak with one voice to the club.”
The WST said it was also working with the Football Supporters Association to create clearer terms of reference for the club's advisory board.
EFL rules require all clubs to have fan bodies to represent the interests of supporters and engage with them regularly.
However, the WST claimed Wrexham's "doesn't meet best practice in several key areas".