We are pleased to announce that The President of The Queens Bench Division, Sir Igor Judge, Lord Justice Dyson and Sir Peter Gibson, have unanimously dismissed the appeal mounted by Crucialmove Limited in respect of the Summary Judgement given in the Club's favour by His Honour Judge Norris QC in October.
Subject to clarification in respect of monies due to Crucialmove in respect of the original acquisition costs and of course the costs of the proceedings, we fully expect this to be the end of this litigation thereby enabling us to proceed with a disposal of the Club.
It is our desire to secure a sale of the Club as a going concern and to obtain the agreement of the creditors prior to The Football League's deadline of 3rd June 2006. Whilst this is a momentous day in the Club's history, we clearly still have a number of hurdles to overcome in order to secure the long-term future of the Club.
We would therefore invite all parties who wish to acquire the Club to submit (and in some cases, resubmit) their bids urgently. Any offer should include the quantum of the bid, timescale, evidence of and source of funding, any and all conditions attaching to the offer, and their plans for the Club going forward.
We sincerely hope that this news proves a boost to the management and players of the Club who have performed magnificently in such adverse conditions.
Finally, we take this opportunity to thank our legal team for their sterling efforts in securing this result, Joey Byrne of Turner Parkinson LLP, John Randall QC and Alistair Wyvill of St Phillips Chambers. We also again thank all those parties connected with the Club and, in particular, the Wrexham Supporters Trust and all fans who have lent their support to the litigation.
I am absolutely made up for them. I can't get onto Redpassion to congratulate them yet as the server is busy (which is how it should be)
The beer will be flowing in the pub in the ground tonight.