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Wrexham reveals nearly 1m losses

Published: 01 Jun 2009 - 14:57:12

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Wrexham FC has announced losses of £940,482 for the year ending June 2008.The north Wales club was relegated from the Football League at the end of that season to the Blue Square Premier. Wrexham says it also expects similar losses for the next financial year, but these will be funded by chairman Geoff Moss via an interest free loan. "Relegation meant a reduction in income and our failure to be promoted straight back has resulted in a further loss of income," read a Wrexham club statemen.... read more