Wrexham say they have ‘no income’
Wrexham have revealed they have ‘no income’ due to the coronavirus crisis while being set to pay out £100,000 as part of their Racecourse Ground lease.
An update on the club’s finances is being issued every week during the pandemic and the six-figure sum is owed to Glyndwr University in September.Wrexham are also yet to receive a payout from the government’s furlough programme.
The Wrexham Supporters’ Trust – whose members’ funds stand at £178,000 – recently made a payment of £20,000 to the club ‘to meet a shortfall caused by Covid-19’, while the National League side’s current outgoings are ‘around £10,000 per month’.
A statement read: “Obviously, these are worrying times and not just for Wrexham AFC.
“We will update this financial position once we have completed a review of the April management accounts as this will provide the running costs of the club.”
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