WREXHAM manager Denis Smith welcomed yesterday's Appeal Court judgement, but warned that it was merely the first step towards putting the club back on solid foundations.

He said that until a sale was achieved and new owners were in place to outline their plans for taking the club forward, a degree of uncertainty remained.

"We realise this is just the beginning and how much work there is to be done, so we need everyone pulling in the right direction," he said.

"Only then can I see an end to the problems and begin addressing issues, such as players' contracts. Until a deal is struck I'm not going to be able to deal with that, but the judgment is a step in the right direction.

"We'll probably leave discussing it until Thursday when the staff and players can sit down together and go through what it means to everyone.

"Obviously, they will want to know what their futures will be because as it stands at present they are all out of work this summer. Given what's happened at the club over the past two years the players have been magnificent in doing what they've done.

"They have never given less than 100%, but the way they have conducted themselves has been tremendous.

"They've got families to look after and bills to pay, so for young men to conduct themselves in the way they have has been marvellous.