Wrexham opt for administration

Wrexham directors have taken steps to petition the High Court for an Administration Order in an attempt to facilitate the survival of the 132-year old club and prevent liquidation.

The Red Dragons owe an estimated £800,000 in unpaid tax and have now taken the step to take the club into administration, which would incur a 10-point penalty, while owner Alex Hamilton has refused to accept a takeover bid fronted by former chairman Mark Guterman.

Wrexham are still actively seeking a buyer, and finding one could even prevent the club from going into administration before the potential order takes effect within the next two weeks.