Bangor City fans who have formed a breakaway club are also setting up a supporters’ trust to stabilise the new venture.
The decision to create a new club was made at an Extraordinary General Meeting (EGM) on April 10 held by Bangor City Football Club Supporters Association.
It came after a torrid time which last season saw the former Welsh Premier League champions demoted from the top tier of the Welsh domestic pyramid to the Huws Gray Alliance, despite the Citizens finishing runners-up, after failing to obtain their domestic licence.
Off the field the club has suffered months of serious problems, such as bills going unpaid, players not being paid wages and the resignation of club auditors.
A statement from the BCFCSA said: “The city of Bangor has been represented by a senior football team since 1876 and that mantle has been worn with some success and honour by Bangor City Football Club.
“However, in recent times supporters have had serious concerns regarding the continuation of the club and its ability to fulfil its fixtures.
“The club’s Supporters’ Association has become increasingly concerned that there is continuing and increasing uncertainty as to the continued status of Bangor as the major football centre serving north west Wales and it has taken action to ensure the continuity of competitive football of the highest possible standard in the city and its catchment area.
“This involves the establishment of a new football club for which membership of the Football Association of Wales (FAW) has been sought. Should the application be successful, the FAW will place the new club in an appropriate league in the Welsh pyramid.
“At the same time, the Supporters’ Association is in the process of becoming a Supporters’ Trust, regulated by the Financial Conduct Authority.
“It will result in the formation of a community business that is sustainable, transparent, and credible.
“There is widespread support in the community which has seen hundreds of individuals becoming members, and future shareholders of the Trust, in the last three months.
“The Trust will aim to be be a positive, inclusive and representative organisation, open and accessible to all those sharing its vision, actively engaging with, and involving, the whole community, and working with partners who share its commitment to deliver a cohesive and inclusive future, maintaining and developing sustainable competitive football at all levels in Bangor and the surrounding areas.
“The proposed Trust emphasises that its goal is not to be regarded as a club seeking to undermine Bangor City FC, but rather to provide the ethical practical expression of an organisation respecting, promoting and valuing the history of Bangor City Football Club and its predecessors.”