A landmark deal between Glyndwr University and the owners of Blue Square Bet Premier club Wrexham was sealed today.
Glyndwr University signed an agreement to purchase the Racecourse Stadium and Colliers Park Training Ground subject to completion and contract under the financial terms agreed by both parties.
Professor Michael Scott, Vice-Chancellor and Chief Executive of Glyndwr University said: “This purchase has been made to secure the future of the stadium and the training ground for Wrexham and north east Wales as a sports venue.
“It is the University’s intention that by securing both facilities, Wrexham football club will be able to continue to use the facilities and that the same might also apply for the Crusaders Rugby League.
“In addition the University’s intention is that the two acquisitions will be used by the University’s students, for sports provision, and by the people of Wrexham and north east Wales.
“The purchase is made in the context of the University’s continued development of higher education programmes related to sport, for the benefit of students and the wider community.”