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28 September 2011 Last updated at 14:24 GMT The future of Wrexham Football Club finally agreed The Greene King brewery and pub chain has ended its sponsorship deal with Wrexham Football Club.
The announcement came two days after Wrexham Supporters' Trust (WST) agreed a deal to take over the club.
Wrexham said the two-year sponsorship deal, agreed last April, was ending because the Racecourse ground is now owned by Glyndwr University, which has its own beer sale deal.
Greene King said an amicable agreement had been reached.
After months of negotiations, WST and the club agreed a takeover deal on Monday.
On Wednesday, outgoing club chief executive, Jon Harris, said Wrexham FC could no longer honour its agreement with Greene King because ownership of the Racecourse had been transferred to Glyndwr University, which has a beer sales deal with another company.Continue reading the main story
It's been a tough eight months because of the nature of what we have been trying to do here”End Quote Jon Harris Wrexham FC chief executive A Greene King spokesperson said: "We originally agreed a sponsorship deal with Wrexham FC in good faith which included providing beer for the club and both stand and shirt sponsorship.
"We have met with the club to discuss how the sale of the ground has impacted on our sponsorship deal.
"It has transpired that the new owners have been left in a position where they don't have the ability to meet our original agreement as the right to sell Greene King beer was not transferred from the ground to the new owners as part of the sale.
"As a result we have reached an amicable agreement to end our sponsorship with immediate effect so the new owners are free to find new sponsors. We wish Wrexham FC and its loyal fans the very best of luck for the future."
A club spokesman expressed sadness at the end of the partnership as Greene King was a "fantastic sponsor" but it gave the new owners the chance to seek a new shirt sponsor.
Jon Harris said he expects to leave his job as caretaker managing director at the end of the week.
The former Shrewsbury Town general manager arrived at the Racecourse in January and took on the role of chief executive in May after failing with his own bid to buy the club.
He said the supporters' trust had made it clear they had their own people to run the club.
"It's been a tough eight months because of the nature of what we have been trying to do here.
"But it's a magnificent club with great potential and supporters who are second to none.
"I wish the trust well and now I'll just have to wait and see what the future holds for me. I have had a great time here and I think the majority of people have appreciated what I have tried to do."