Welcome to the Wycombe Wanderers Trust

  • "Safeguarding our heritage and promoting a successful and sustainable future."

Latest News...

Nov
30

More from the 2018 Trust AGM

Thanks to about 170 members who came to our AGM on Thursday night.

One feature this year was a presentation by Paul Foley, the Head of the club’s ‘community arm’ Wycombe Wanderers Sports and Education Trust.

You can see all of Paul’s presentation slides via this link WWFC Trust AGM Presentation

In particular slides 10-15 which outline the many different workstreams in which WWSET (a registered charity) is now involved.

The WWSET video is too big to upload here but can be viewed on our Facebook page  https://www.facebook.com/wwtrust/

Do go to WWSET‘s website http://www.wwset.co.uk/ to find out even more which includes the WWSET strategic plan 2018-21 paper copies of which were on each chair last night to take away. Or you can read it here http://www.wwset.co.uk/wp-content/uploads/2018/08/WWSET-Strategic-Plan-2018-21.pdf


Nov
29

Trust AGM Slides including Investor Update

The Powerpoint slides used in tonight’s Trust AGM – which include Trevor’s update on the American Investors – can be viewed via the following link WWSGL AGM 29 NOVEMBER 2018


Nov
24

Trust Membership Renewals Are (Over) Due

Membership fees for 2018-2019 became due on 1st November.

The majority of members pay by Standing Order but if you prefer other means you can pay by cash or cheque at the Trust table in the Caledonian Suite before our next home game:

            vs AFC Wimbledon on Saturday 22nd December

Alternatively send a cheque to Wycombe Wanderers Trust at Adams Park, Hillbottom Road, High Wycombe HP12 4HJ or pay directly into the Trust account, sort code 40-24-38, account no. 81390031 – using your membership number as your reference. 

If you are not yet a member and wish to join – you can do this at the Trust table in the Caledonian Suite or by emailing johnbig@wycombewandererstrust.com for an application form. You can also pick up a form from reception at Adams Park during office hours or download one here Membership Form 2019

Whatever way you pay your continued membership is much appreciated.

John Bignell
Membership Secretary


Nov
22

Dudley Kipping R.I.P

We are very saddened to hear of the death of Dudley Kipping at the age of 87.

A full tribute is on the WWFC Club website via this link 

Dudley, a Trust Legacy Member, was also one of the first to sign up with a generous contribution to the Community Share Scheme in 2015.

He used to pop into the Caledonian Suite before each home match for a sit down, along with his daughter, and regulars there will surely recognise him. 

Our sincere condolences go out to his family and friends.


Nov
20

Audited Accounts FYE 30th June 2018 – UPDATED 7.11.18 & 20.11.18

22.10.18 The Audit of Accounts for Wycombe Wanderers Supporters Group Ltd, (t/a WW Trust), Wycombe Wanderers Football Club Ltd and Frank Adams Legacy Ltd has now been completed and most of the respective boards have now signed off their annual reports (WWSGL will do theirs this week).

Copy of the accounts for WWFC Ltd has now been sent to Ordinary and Founder Shareholders of that company by email (or by post where necessary) and a copy has been placed on this website under our Share Offer heading http://www.wycombewandererstrust.com/share-offer where, since the launch of the Trust Share Scheme, all our accounts have been available.

UPDATE: 7th November 2018 The signed audited accounts for Frank Adams Legacy Limited are now available and have been added to the same page – for sake of continuity

UPDATE: 20th November 2018 Ahead of the AGM next week, the audited accounts for Wycombe Wanderers Supporters Group Ltd (t/a WW Trust) have been added to the same page as above or can be viewed via this link WWSGL – signed accounts to 30.6.18


Oct
18

Become A Legacy Member

The Trust, working together with the Fans Council, has identified that there are a large number of supporters who are in their fourth consecutive year of holding a WWFC Season Ticket but who do not hold the status of being a Legacy Member.

Equally there are Trust members who are not Legacy members because they are not a holder of a full Season Ticket for the past four seasons. Unless, by renewing your season ticket for 18/19, you then become a ‘four- year’ ST holder, in which case you become a Legacy Member with the voting rights defined below.

Under the Trust’s Rules, a Legacy Member has the following voting rights on:

    • any decision to sell, transfer or otherwise dispose of Adams Park;
    • any decision to sell, transfer or otherwise dispose of shares in the Club that would result in the Trust’s shareholding being less than 50% +1;
    • any decision to sell Club memorabilia; and
    • such other decisions (relating to the history and character of the Club) as the Board of Directors may reasonably determine from time to time.

If you are not a Trust member but have held a full Season ticket for the past four seasons and have or even have not received an email inviting you to join the Trust, then you can join the Trust by picking up a form from the Trust Table in the Caledonian Suite on matchdays or by downloading a copy of Membership Form 2019 which, when received together with your membership fee for the coming year, would result in your becoming a Legacy Member with the voting rights defined above.

Your Trust wishes to encourage you to join the already 570 strong Trust members who are also currently Legacy Members, with the aim of ensuring that the Football Club achieves its’ true potential.

The Trust, but more importantly, THE CLUB needs you!


Oct
11

Think of Wycombe Wanderers As You Plan for Christmas (and all year round too)

There are a number of exciting ways in which you can help YOUR CLUB  in the build up to Christmas 2018 from the comfort of your own home.

(Don’t forget though that the club shop at Adams Park is open from 9am to 5pm on weekdays, or from 10am on home matchdays.)

O’Neills (Click here for their website) is the proud supplier of the Official Wycombe Wanderers FC Kit for the 2018/19 season.
Show your support for The Blues in a home, away or goalkeeper kit.
Get kitted out like Akinfenwa with their elite fit jerseys, and make it personal with a name or number.
They also have leisurewear including skinny joggers, zip training tops and training t-shirts for kids and adults. 

 

Media Storehouse https://www.chairboysprints.co.uk/ can supply framed prints and photographic gifts featuring current and past Wycombe Wanderers FC players.

They offer a wide range of beautiful wall art and photo gifts including framed prints, canvas prints, mugs, jigsaw puzzles, cushions and much more.

 

PersonalisedFootballGifts.co.uk are providing a wide range of Wycombe Wanderers FC  personalised gift items .
These include mugs, prints, phone cases, cards, notebooks, mouse mats, engraved gifts, jigsaws, coasters and water bottles.
Click here for their website

 

Finally if you really prefer to buy a more conventional (non-WWFC) type of Christmas gift, then you can still help raise funds for your club by registering with EasyFundraising via this link   https://www.easyfundraising.org.uk/causes/wycombewandererstrust/ or via their App.

Then join over 100 other fans who have already registered so that when you shop online via the easyfundraising portal or app, you raise funds for WW Trust, which we then use to help the Football Club – and all at no extra cost to you.

Many of the major retailers take part in Easyfundraising including Amazon, M&S, Sainsburys, John Lewis and Debenhams as well as holiday sites like Hotels.com, Expedia. Lastminute.com and Booking.com


Sep
14

Use Easyfundraising to Raise More Funds for Wycombe Wanderers as You Shop Online

Did you know that whenever you buy anything online – from your weekly shop to your annual holiday – you could be collecting free donations for Wycombe Wanderers Trust?

It’s a really simple way to raise money for Wycombe Wanderers Trust through your everyday online shopping with over 3,300 retailers including Amazon, Argos, John Lewis, ASOS, and it’s completely free!

It’s as easy as 1, 2, 3…

1. Head to https://www.easyfundraising.org.uk/causes/wycombewandererstrust/

and join for free.

2. Every time you shop online, go to easyfundraising first to find the site you want and start shopping.

3. After you’ve checked out, that retailer will make a donation to Wycombe Wanderers Trust for no extra cost whatsoever!

There are no catches or hidden charges and Wycombe Wanderers will be really grateful for your donations.

Thank you for your support.


Aug
8

Fans Keep On Giving….. So We Can Provide (Updated October 2018)

Notwithstanding the success of the 500 Club in the last year or so, the WW Trust Share Scheme launched in 2015 continues to thrive and produce much needed income for the Football Club.

Over ‘one hundred and eighty’ fans are still contributing with either monthly or annual payments to the Trust over a five year period and these are on top of the 160 who have made one-off payments in the last couple of years.

Those single payments have been of amounts between the minimum of £100 and the maximum of £100,000.

To date some £615,000 has been banked with a further £90,000 committed to be received over this and the next 2 seasons.

So what are we doing with your money?

Much of the initial inflow has gone into helping to stabilise the financial position of the football club by providing some much needed working capital. This allows WWFC to be able to pay its bills, (present and past) in line with agreed schedules and repayment plans.

As was outlined in our Share Scheme prospectus/brochure we have also been able to provide the money to make the best use of our prized asset – Adams Park. So far, some of the completed projects, which are thanks to Share Scheme money (and which would not have been affordable otherwise) are:

  • New lawnmower (from OWWSA contributions)
  • New club flag
  • Medical equipment to boost return of injured players
  • Replacement seats (Summer 2016 – from OWWSA Contributions)
  • New TVs for concourse etc
  • Big Screen repairs
  • Player Purchase – Michael Harriman
  • GPS Equipment – the player running tracking system
  • Security Fence for away end
  • Fixing of the heating/Air Con system in Caledonian Suite
  • Paint for various stadium areas (from OWWSA contributions)
  • Full structural survey of the stadium – required for safety certificate reasons
  • More paint (Summer 2017)
  • Further replacement seats (Summer 2017)
  • Essential refurb and extension of the dressing rooms – as demanded by the EFL (Summer 2017)
  • Upgrade of the CCTV equipment – so vital to maintain our safety certificate
  • Replacement IT equipment for Gareth and his team at the training ground – from OWWSA contributions
  • Contributions towards repair and maintenance of the Adams Park floodlights – from OWWSA contributions
  • Even more replacement seats – December 2017
  • New boiler to provide hot water for the players and staff at the training ground
  • Essential repairs and replacement of lighting units in the Frank Adams Stand

If you feel that fan ownership is worth more than the annual membership fee, then do join in with those who are contributing a bit (or a lot) more. See any Trust Director manning the table before each home game in the Caledonian Suite or go to our special Share Offer page via this link .

Any questions on the scheme can be sent by email to shares@wycombewandererstrust.com


Jul
30

New Season = New Badges

We will welcome back Terry’s Badges to Adams Park for a sixth season on Saturday with the stall set up in the lower car park adjacent to the first programme hut and near to the away fans marquee.

Matchday badges will be on sale for this and every home game this season at just £3 each. If you want a framed collection of them all, available at the end of this season, then please place your order direct with Terry Hall.

As well as the Matchday Badges, Terry has a number of other WWFC-themed badges for sale and all profits on these (and on the Matchday badges) are donated to WW Trust to help our fundraising for the Football Club. For this season there are at least two new designs, the Promotion badges (celebrating our 2017-18 rise from League Two) and a rosette-style badge in our club colours of light and dark blue.

Thank you for your support of this initiative, which has brought useful extra cash into the club over the past five seasons.


Jul
5

IMPORTANT: Change to the Trust Community Share Scheme

I am writing to you to let you know of an important recent development regarding our Community Share Scheme.

We have been informed by HMRC that shares to be issued under the Community Share Scheme will no longer qualify for tax relief under the Enterprise Investment Scheme, or EIS.

HMRC would have been within their rights to withdraw EIS relief in respect of shares issued under the Scheme since late 2015. However, because we approached HMRC with our concerns on this matter, rather than it emerging in an HMRC audit, HMRC has confirmed that, as a concession, they will not look to withdraw relief retrospectively. This means that EIS 3 certificates issued up until 5 April 2018 will remain valid and those shareholders can continue to claim tax relief on their existing investment. 

However, we are, regrettably, no longer able to make EIS relief available for future share issues.

A considerable number of investors under our Community Share Scheme invest on a regular basis. We will be writing to them shortly, to enquire whether they wish to make any change to their current payment instructions.

Shares in the Community Share Scheme are issued quarterly; no new shares have been issued since 6 April this year, and we were due to issue the next round of shares after the end of June. Shareholders who have paid for shares in that period will therefore not yet have received their shares and, because of this change, will no longer qualify for EIS relief on their investment. We will of course be contacting those shareholders individually as soon as we can with an offer to return their monies in full if they wish.

The Trust Board was in any event due to consider the future of the Community Share Scheme as we approach the end of our initial 5-year plan, and these changed circumstances will mean that we will do so as soon as we can. Despite the Club’s recent success on the field, it remains the case that ownership of a lower league football club is a financially precarious occupation. Many other clubs have owners with deep pockets who can underwrite losses and make substantial investment with a view to improving their teams’ chances of success; to enable Wycombe Wanderers to remain competitive in the medium to long term, the Trust, as the Club’s immediate owner, needs to be able to do the same. Until further notice, therefore, the Community Share Scheme will remain open for subscription, the only difference to the initial terms being the inability for investors to claim EIS relief on new investments.

The Community Share Scheme has been one very important way in which Trust members, as the Club’s ultimate owners, have enabled us to support the Club financially in recent years. The Trust directors, and indeed the Club directors, are very grateful to those investors who have to date invested over £600,000 since the scheme was launched. We will continue to work with the Club directors to ensure that they have access to the necessary financial support to maintain the recent progress, both on and off the field, whether through initiatives such as the Community Share Scheme, the 500 Club, or any other ways of raising sustainable long-term finance.

If you have any queries as to how you may be affected by the withdrawal of EIS relief on future share issues, please contact us via our special email address shares@wycombewandererstrust.com

With best wishes – and here’s to a great season in League 1!

Trevor Stroud
Chairman
Wycombe Wanderers Supporters Group Limited


Dec
1

A ‘Simple Guide’ to the WW Trust – Updated 07.12.18

trust logo 003 wwfc our heritageFollowing the AGM in February 2015, some members were asking for clarification on what are the separate responsibilities and duties of the Trust and of the Football Club.

A small group from the Trust Board then put together the following which we hope will be useful:

The Basic Structure

Wycombe Wanderers Trust took over Wycombe Wanderers Football Club on 29th June 2012 from Steve Hayes.

Wycombe Wanderers Trust owns Wycombe Wanderers FC Ltd (the trading entity) and Frank Adams Legacy Limited as separate entities.

Features

  • Wycombe Wanderers Trust Board is made up of the following directors:

Alan Cecil                   alan@wycombewandererstrust.com
David Cook                 dave@wycombewandererstrust.com
John Derben               john@wycombewandererstrust.com
Tony Hector                 tony@wycombewandererstrust.com
Nigel Kingston            nigel@wycombewandererstrust.com
Peter Lerner                peter@wycombewandererstrust.com
Bob Massie                   bob@wycombewandererstrust.com
Lawrie Read                 lawrie@wycombewandererstrust.com
David Roberton           david@wycombewandererstrust.com
David Smith                 dsmith@wycombewandererstrust.com
Trevor Stroud              trevor@wycombewandererstrust.com

  • Ownership of Adams Park (professionally assessed at £7million) is held within Frank Adams Legacy Limited (“FALL”). There is a separate FALL Board.
  • Most major debts of the Trust sit under FALL, secured by charges on Adams Park.  All our debts now have agreed repayment schedules.
  • Wycombe Wanderers Trust relies on rental income from WWFC (the trading entity) to gradually pay down its creditors and loans via FALL (which include the Chairboys Funders interest).
  • No takeover or change in ownership of the Club that would result in the Trust’s shareholding being less than 50% +1 can proceed without 75% approval from the Legacy Members.
  • Legacy Members are members who are in their fourth (at least) consecutive year of holding a season ticket. Legacy membership is retained in future years as long as season ticket holding continues. There are over 600 Legacy Members at present.
  • A uniquely structured members club; one of only four fan owned clubs in the Football League.
  • Wycombe Wanderers Trust became a Community Benefit Society during 2014 as this allows us to raise capital by selling shares to our members (see under Functions, below).
  • Our full registered name is Wycombe Wanderers Supporters Group Limited. We had to adopt this name as part of the process of registering as a society, but we have kept Wycombe Wanderers Trust as our day to day trading name for everyone’s convenience.

 

Wycombe Wanderers Trust does not run the football club.

  • Wycombe Wanderers Football Club controls all income from footballing matters and the use of Adams Park on matchdays and non-matchdays.
  • Wycombe Wanderers Football Club’s operations are managed by Trevor Stroud (WWFC Chairman) , Michael Davies (General Manager) and the other employees.
  • Only the Wycombe Wanderers Trust Board can appoint and remove individuals to and from the WWFC club board (WWFC’s Club Board is made up of Ivor Beeks, Trevor Stroud and David Cook).

Functions

Since Wycombe Wanderers Trust, and its Board, does not run the football club, the Trust’s job is to create an environment which will help WWFC to succeed.

This is done in a number of ways:

  • Providing governance over its subsidiary companies – WWFC and FALL – and also support WWSET– our Community Trust which has charity status.
  • Providing support to WWFC, for example volunteer forces to reduce costs; aiding and assisting WWFCs employees through “WWFC PALS” as and when required.
  • Undertaking other fundraising initiatives, for example sale of matchday badges and voluntary Trust member initiatives – to raise income.
  • Communicating with members via emails, members meetings and visibility. Trust board directors will be held to account by Trust members and a third of the Wycombe Wanderers Trust Board directors retire by rotation at each AGM.
  • Seeking to grow and expand our membership and therefore widen the fan ownership base in the community, particularly the younger and the future generation of supporters.
  • Ensure members are consulted about and vote on the designated key issues affecting the football club (listed in the Trust Rules on the Wycombe Wanderers Trust website).
  • Raising funds via the Share Scheme – to secure the working capital to allow Wycombe Wanderers Football Club to move towards breakeven (or a small profit) and allow the football club to pay its rent as scheduled to pay down remaining debts/ loans.

Other News...

Trust Members Update – 27th November

27/11/2018

As previously announced the Trust AGM is taking place this Thursday, 29th November 2018 at 7.30pm in the Caledonian Suite. Food will be available from 6.00 p.m. with the bar opening at the same time. Complimentary Tea & Coffee will also be available. The AGM will follow the usual format i.e. Adoption of the Minutes Chairman’s [more…]

Annual General Meeting of Wycombe Wanderers Trust

24/11/2018

The Annual General Meeting of Wycombe Wanderers Trust will be held on Thursday 29 November 2018 at 7.30pm in the Caledonian Suite (previously the Vere Suite) at Adams Park. The venue will be open to members from 6.00pm; food will be available, along with complimentary tea and coffee and the bar will be open. The [more…]

Trust Statement of Apology

08/11/2018

Wycombe Wanderers Trust is aware of an inappropriate comment which was made publicly by one of its members at the meeting at Adams Park yesterday evening. The Trust have today made contact with the member in question, who has acknowledged that the comment was unintentionally in extremely bad taste and apologised for the offence caused.

Trust Members Update – Informal Meeting with Potential Investors 7th November

31/10/2018

At the meeting held on 12th September, the Trust members agreed in principle that the Club should seek external investment, with investors taking either a majority or a minority interest in the club in exchange for the provision of a permanent capital solution. After significant debate and further investigations, your Trust Board has decided that the best [more…]

Trust Matters – Saturday 20th October

21/10/2018

These articles first appeared in yesterday’s matchday programme – ‘Parklife’ Meet your Trust Board: David Roberton Having spent my working life in the Pharmaceutical and Nutrition industries, I now have time in retirement to give something back to my favourite pastime football, and in particular to Wycombe Wanderers. I’m proud to be on the Boards [more…]

Trust Matters – Saturday 29th September 2018

29/09/2018

The following was published in today’s match programme ‘Parklife’: Meet your Trust Board: David Smith David started supporting Wycombe Wanderers in 1999, prompted by his daughter’s growing interest in the game. While she went on first to be a mascot in the 2000/01 FA Cup run, and then to play for the WW Ladies team, [more…]

Mark Burrell steps down from Club and Trust Boards

28/09/2018

Mark Burrell has taken the decision to step down from his positions as a Director on the boards of both Wycombe Wanderers Football Club and Wycombe Wanderers Trust, effective from October 8th. Burrell joined the Trust Board having been elected by Trust members in February 2015, and joined the Football Club Board in June 2015 [more…]

Next Adams Park Volunteers Session – Sunday 16th September

10/09/2018

UPDATE: We are still in need of at least 8 more volunteers to be able to complete the works required, so if you can help, please reply John Derben ASAP. Also we need a roofer to repair the hip ridge tiles above the entrance to the Caledonian Suite, so if you are able to do this [more…]

Football Finance Directors Report 2018 – from BDO

09/09/2018

The accountancy and business advisory firm BDO recently published their Football Finance Directors Report. “This report is about the financial health and operations of football clubs across the English and Scottish leagues, with an insight into the top priorities and concerns of these football clubs, as well as commentary on how they are responding to [more…]

Trust Matters: Monday 3rd September

03/09/2018

The following first appeared in Saturday’s Matchday programme – Parklife: Meet your Trust Board: John Bignell (pictured on right with Simon Garner) John has been on the Trust board since 2015 in the role of Membership Secretary. He is also a board member of Frank Adams Legacy Ltd where his brief is club memorabilia and [more…]

WW Trust General Meeting

23/08/2018

There will be a Trust Members General Meeting on Wednesday 12th September 2018, in the Caledonian Suite at Adams Park, starting at 8.00pm. The purpose of the meeting is to update members on the financial position of the Football Club, to present options, in principle, in terms of the future financial stability of Wycombe Wanderers [more…]

How To Get A Framed Set Of Badges

10/08/2018

There have been a number of enquiries about the framed set of Matchday Badges for last season. A perfect way to commemorate and celebrate a season that ended with promotion from League Two. If you want one of these sets, then please see Terry Hall at his Terry’s Badges stall before any home league game [more…]

Trust Directors Get Behind Yves Ma-Kalambay

06/08/2018

Well – if they did that literally, then you would not see much of them! After their earlier choice moved on to another club, there was just time for your Trust Directors to switch their sponsorship onto our giant goalkeeper. Yves, who is very keen and pushing for a first team place, featured in the [more…]

Trust Matters: League One – Saturday 4th August 2018

04/08/2018

The following articles first appeared in today’s match programme ‘Parklife‘ and were emailed to members earlier this week. This is now an updated version. Meet your Trust Board: Alan Cecil of WW Trust Alan is one of the longest serving Trust Directors having been first elected to the Board in April 2011. He retired from [more…]