At a meeting this afternoon an agreement was hammered out between the owners and the supporters trust. Afterwards a short statement was issued by the club.
"The directors of Wrexham FC are delighted to annnounce that agreement has been reached with WST today to purchase the football club.
"During this period Wrexham Supporters Trust will run the football club under a licence agreement pending approval by the football authorities. Following today's meeting a suitable financial agreement has been reached."
Wrexham have had a great start this season in the Conference and are currently top of that league.
However last week their manager Dean Saunders moved to Doncaster. Andy Morrell is now in charge.