WREXHAM owner Alex Hamilton has rejected a supporters' group's "second and final offer" of more than £2.5m to buy the club, leaving it on the brink of administration or liquidation.

But Hamilton is still considering an offer from former business partner and ex-Wrexham chairman Mark Guterman.

Board member of the Supporters Trust Charles Wardle told a public meeting at the North East Wales Institute (NEWI) Hamilton would take advice from commercial agents DTZ on the value of Wrexham's Race-course home before deciding whether to sell.

Mr Wardle said: "If DTZ's valuation far outweighs Mr Guterman's offer Mr Hamilton is going to reject it.

"Hamilton has told me he is ready to do a deal but only if he gets a serious pay day. He told me he is loath to sell to Guterman.

"If no deal is done ahead of next week he has said he is ready for liquidation." It is understood the Supporters' Trust's offer, which involved developing flats on part of the kop end of the Racecourse, would have left Hamilton with £1m profit.

Earlier, fans who attended the meeting heard board member Bruce Clapton blame Hamilton for the club's problems.

Mr Clapton said the club's former managing director, John Reames, claimed to have agreed a repayment schedule with the Inland Revenue, over an unpaid debt of around £900,000.

But Mr Clapton claimed Hamilton failed to make the first payment, forcing the Inland Revenue to issue a winding-up order against Wrexham, to be heard in the High Court next week.

Trust board members urged the club's directors, Dave Bennett and Dave Griffiths, to take Wrexham into administration as this would avoid liquidation in the High Court.