WSMR doomed?

This from Railnews...

WSMR Managing director Andy Hamilton said: ‘Considering the current revenue position of Wrexham & Shropshire and the pressure put on the business by the current economic climate, I can confirm that if the ATW 38th Supplemental Agreement is approved it is very likely that DB Regio UK will cease funding and it is likely that Wrexham & Shropshire will immediately withdraw from the market.'

Perhaps time to recall the wise words of Beardie himself, after Virgin waved the white flag and withdrew its own plans to serve stations along the WSMR route earlier this year:

In return, I think that the people of Shrewsbury should now receive firm assurances from DB and W&S that they will continue to run this service for years to come.

Perhaps just as well such assurances were never made...

UPDATE: This just in from Scotch Corner...

According to the Railnews story the person leading ATW's London service bid is one Mike Bagshaw.

Could this be the same Mike Bagshaw who was previously Commercial Director at Chiltern?

Strange but true!