POTENTIAL Wrexham FC buyer Andy Smith claims he can bring £75m into North Wales' biggest town if he gets the club.

But first he must buy the Dragons from current owner Alex Hamilton, who last night expressed doubts the deal can still be struck.

Mr Smith said he needs more than £11m to get the ball rolling but promised if he gets the chance he will build something for Wrexham to be proud of.

The Surrey businessman spelled out his aim on Wrexham's online fanzine Red Passion.

He was hitting back at recent criticisms from supporters over his efforts to secure the club.

"The amount of money anticipated for the Wrexham project eventually builds to about £75m," said Mr Smith, who runs property development company United Plot-Owners Association (UPA).

"This is introduced in a phased programme, but the start of the monies amount to in excess of £11m. No small amount.

"And yes, this project can support that investment - all relevant deals have been agreed.

"A number of plans have been drawn up and, subject to planning being permitted, UPA wish to build something that not only UPA will be proud of, but also the whole (or most) of Wrexham will be proud of."

A £500,000 pay-off to former owner Pryce Griffiths, which only emerged at the last minute, scared off some backers said Mr Smith.

"The extra £500k to be paid to a third party made a few run for cover. That money or part of it could be better used in the football club," he said..

"UPA are going to sponsor Wrexham AFC for the next five years in the first of its sponsorship contracts.

"I have since met with many other investors and await their decision over the next few days, and then we shall see if we can finally put a deal through and exchange with Mr Hamilton."

Yesterday Mr Hamilton insisted he wants to sell the club, but said he had doubts over striking a deal with Mr Smith, which could open the door for others.

"Mr Smith doesn't seem to be making any progress," he said. "And one may have to move on from Mr Smith.

"He talks a good game but doesn't seem to be able to get the ball in the goal posts."

The crisis-hit club has until the end of July to find a new owner or it has to leave the Racecourse.

The Dragons are currently fighting a relegation battle after going into administration and being docked 10 league points.