MOVES are afoot to secure the Racecourse Ground's future, with the council now close to finalising a plan which could relieve Wrexham chairman Alex Hamilton of the land.
But rumours of a four-year contract for manager Denis Smith, a rise in the rent at the Racecourse and a name change for the club have all been scotched.
The Racecourse occupies land valued at around £3.2m and Wrexham Council's strategic director, Terry Garner, is seeking a way for the authority, possibly with assistance from the Welsh Assembly, to buy the land.
Among the options being considered is a compulsory purchase order (CPO) based on the economic and social importance of the Racecourse as a major sporting venue in North Wales.
It is believed the Welsh Assembly supports this and that it is keen to retain a professional-quality sports stadium in North Wales, where the national football and rugby teams can play high-profile friendlies, ensuring people here have an opportunity to see their heroes in action.
No other ground in North Wales is suitable for such events.
The Football Association of Wales has already suggested a move to a smaller stadium would mean that mainly Welsh Under-21 matches would come north and that only full internationals against real minnows would be considered for Wrexham.
A CPO could be justified on several grounds: that the stadium has historical significance as the home of the oldest club in Wales; that it has great economic importance, providing a boost in income for local businesses when matches are on; that the site has strategic importance as the only good quality stadium in North Wales; and its social importance as a place where townsfolk have congregated for longer than living memory.
Once the strategic director has identified the best way to go about either purchasing or facilitating the purchase of the ground, Wrexham County Borough Council will need to decide what the next step will be.
Council Leader Aled Roberts said: 'Wrexham County Borough Council has continued to pursue its objective of preserving the Racecourse ground as a regional venue for major sporting and other events, as a venue for Wrexham AFC, and protecting the significant public investment which has already taken place.
'This objective is also supported by the Welsh Assembly Government. The council's executive board had previously asked the strategic director to pursue negotiation for the possible purchase of the stadium from a willing seller.
'Although compulsory purchase is an option which can be considered, no explicit authority has been given as yet by the executive board.
'Independent legal advice was also sought some months ago but this has not yet been considered by the executive board.'
Meanwhile, another big meeting is scheduled for tomorrow. Administrator David Acland will meet Denis Smith and other club officials to discuss in detail the plan for the year ahead.
Mr Acland met with the Football League last week to confirm Wrexham will be able to complete the season. At that meeting the possibility of another 10-point deduction was discussed but dismissed by the league.
'We have to work everything out now and revise our plans to ensure we can keep our pledge to complete the season,' said Mr Acland.
'The Football League doesn't want teams in administration pulling out of the league halfway through and we don't want it either.
'Otherwise nothing has changed. Denis is returning from his break and we haven't tabled a new contract yet, the rent has not gone up and Wrexham AFC will remain Wrexham AFC.'