Er He's majority shareholder of Wrexham Village Plc, which own Wrexham FC, Crusaders RL, and the Racecourse Ground.
Not really much implications really he's stepped down from the day to day running of both clubs, but still maintains his position within Wrexham Village Plc. Ian Roberts will take over his position (he's another stakeholder within wrexham Village Plc).
So I'd say no.