North Wales law firm Gamlins Law acted for Glyndwr University on the sale of Wrexham’s Racecourse Ground.
Commercial property solicitor Ben Whiting advised the university on the transfer of the ground’s freehold to Wrexham AFC.
The completion marks the end of the university’s ownership of the stadium which began back in 2011, when the club was in danger of going out of existence.
For the first five years, the university took on responsibility for the running, maintenance, and upkeep of the facility, before a 99-year lease was agreed with the Wrexham Supporters Trust in 2016. The WST then took on responsibility for the stadium operation.
Then, in December 2021, the club’s supporters voted in support of the club purchasing the freehold of the stadium. The club have now acted on that and returned ownership of the stadium to the club for the first time in over a decade.
In a statement released by Wrexham AFC, Hollywood stars and the club’s co-chairmen Ryan Reynolds and Rob McElhenney said: “This is a great day for both the club and ourselves, and one that we targeted from the first day of our ownership.”
Glyndwr University Executive Director of Finance, David Elcock, said: “It was a great honour for us to have been custodians of the oldest international football stadium in the world.
“More than 10 years on it is time for us to hand the stadium back to the club under its new ownership so they can take forward the exciting developments and improvements they have planned. From my earliest conversation with Ryan and Rob it was something they were keen to do, and we were happy to help.”
Ben Whiting said: “We are delighted to have played a role in enabling the university to transfer the freehold of the famous Racecourse Ground to the football club. It will be exciting to watch the future for both the university and the football club.”
Gamlins Law has its head office at Morfa Hall in Rhyl with further offices in Mold, Ruthin, Denbigh, Abergele and Holywell.
The firm offers a comprehensive range of legal services including commercial, commercial and residential property, employment law, family and matrimonial, children, personal injury and clinical negligence, criminal, regulatory, litigation, inheritance tax, wills and probate.
