After meeting with Conference chiefs yesterday, Wrexham have been told to deposit a £250,000 bond with the competition or face expulsion.
In a statement, the Conference say they want the bond by 5pm on Monday as well as proof that they are up to date with football creditors including player and staff wages. Also required are a lease on their recently sold ground and a revised business plan and budget for the coming season.
Quite where the money will come from is open to debate. While the Supporters Trust have the funds, they are bound by their constitution to call a vote of members for such a move. That would take 14 days rather than the three available. The funds from the sale of the Racecourse Ground are also believed to be unavailable, with the money claimed to have gone to clear bank loans.
The club would not only have to find the £250,000 bond, but the outstanding wage bill and any other football creditors. There is also a £70,000 tax debt outstanding that the taxman is likely to act on if he sees other creditors being paid off before him.