CHIEF EXECUTIVE David Roberts has praised everyone connected with Wrexham Football Club for helping drastically improve its financial position.
The club is heading for a near break-even operating position in the period since Wrexham Supporters Trust completed its takeover last December.
Huge losses had been predicted but Wrexham?s run to the third round of the FA Cup, as well as six-figure transfers of goalkeeper Danny Ward to Liverpool and right-back Curtis Obeng to Swansea, have helped boost the club?s coffers.
And Roberts insists supporters who backed Wrexham in their promotion challenge last season and have continued to raise vital funds through various means, deserve a big pat on the back.
?A lot of hard work has gone on over the course of the past six months and the club is in a far better position financially than it was when we took over,? said Roberts.
?That said we?ve still got a lot of hard work ahead of us over the coming months and years; we have got to make sure we continue to raise the funds to keep the club going for future generations.
?We?re almost at a break-even position for the period through to the end of June (since the Trust took over) which is testimony to everybody that has helped to achieve that; obviously performances on the pitch, the player sales we?ve had and the fans turning up and showing their support every week.?
Roberts, who said debt reduction was a priority, added: ?When we inherited the business it was losing around ?750,000 a year and obviously the business couldn?t continue to do that, otherwise we wouldn?t have a football club here.
?We have had to make changes and our goal has to be for the club?s income to meet its costs on an annual basis.
?The whole sustainability of football clubs is a hot topic at the moment and it was one that was discussed in detail at the Conference AGM on Saturday.
?We believe that we ultimately have to get to a situation where we do live within our means and that should be applied across all football clubs.?
Roberts has placed great importance on keeping Trust members aware of the club?s financial situation.
?It is about being open with the figures and we plan to give quarterly updates to members so they can see exactly what financial position the club is in,? said Roberts.
?There is nothing to hide, it really is a case of everybody pulling together to try and strengthen this football club for the challenges that lie ahead, not least of all getting back in the Football League.?
Andy Morrell?s Wrexham saw their promotion bid come to an end when they were beaten by Luton Town in the play-off semi-finals for a second successive year.
Preparations are being made for a fifth Conference campaign and Roberts revealed that winning promotion back to the Football League would earn the club an extra ?600,000 in funding.
?Returning to the League would make a massive difference to the club and we are determined to give it another good go again this year,? said Roberts.
?We have got a good nucleus to the squad and obviously we are looking to add to that over the coming weeks to try and give Andy the best opportunity to try and get us back to where the club belongs.
?We estimated that the addition revenues ? primarily the central sponsorships ? from being a Football League side come to around ?600,000 so that makes a massive difference to the business.?
Confident Wrexham will again emerge as promotion contenders when the new season kicks off in August, Roberts added: ?We believe we will have a competitive playing budget and we anticipate being at the top end of the table again.
?There will be other sides out there looking to get promotion, the likes of Luton, Mansfield, Grimsby and potentially Forest Green with their new investment, we have to just try our best to make sure we are up there and this time we manage it.?
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