BUSINESSMAN Neville Dickens yesterday warned his proposed buy-out of Wrexham FC could be topped by a rival bidder who wanted to demolish the Race-course stadium.
Former Wrexham director Dickens and his Chester-based partner, Geoff Moss, who met current owner Alex Hamilton at the weekend, want to ensure the club stays at the ground.
But yesterday he said the eight-acre site was more valuable with vacant possession.
Mr Dickens fears that allows rival buyers to outbid the duo and is now seeking more cash backing.
"The problem is that we are trying to buy all of Mr Hamilton's interests in Wrexham with the intention of keeping the football club at the Race-course while looking to develop the fringe areas around the ground," he said..
"The other people interested in buying him out intend to demolish the Racecourse and develop the whole of the site. Obviously there is more value in their proposal.
"Mr Hamilton has indicated a figure to us at which he might walk away but it's a considerable amount of money.
"We are meeting with other interested parties, including the local council, to see if there is any way we can get closer to Mr Hamilton's expectations."
Mr Hamilton, who owns a majority shareholding in the club in addition to the freehold of the Racecourse, has issued an eviction order against the club with effect from July 21.
He said it was too early to say whether the initial discussions with Mr Dickens and Mr Moss would bear fruit.
He said: "I was pleased to talk with them at the weekend but I can't say whether any progress will be made. I'm looking forward to further meetings with them and with other parties who are interested in developing at the Racecourse."
Sports minister Alun Pugh met representatives of Wrexham council and the Sports Council of Wales last week to discuss the latest situation regarding the stadium.
He said: "The Racecourse is a nationally significant ground and our sports council has invested over a million pounds of public money in the stadium.
"We are looking very care-fully at our legal position and what we can do to ensure the Racecourse remains a venue for premier sport."