Welcome to the Wycombe Wanderers Trust

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

Latest News...

Jun
26

Trust Board Minutes – June

The Wycombe Wanderers Trust Board recently met for their monthly update meeting.

Finance:
Mark Burrell led an update on the financial position of the club which is under close scrutiny, with our balance sheet being in its best position for some time.

Share Scheme:
Marketing ideas were discussed (more news on this soon!) We have now raised £726,000 from 306 members over 5 years.

Sales Day:
The “ra ra” day had been very positive as well as energising for the office team. Sales amounted to several thousand pounds, with the potential for more as leads are followed up. This exercise is likely to be repeated each month.

Other Club news:

The Kukri contract had ended and the new kit, manufactured by O’Neills, will be launched on Sunday 10 July.

1650 season tickets had been sold to date, against a total of 1800 last season.

Volunteering:
This summer, a number of our volunteer fans are once again carrying out various maintenance tasks at Adams Park – gardening, painting, seat cleaning and general tidying up – saving the Club several thousands of pounds.

Some of the work is being undertaken by fans who regularly help out on weekdays, but we are also planning to have a big team working on Saturday 9 July, from 9.30am to 4pm, and we are looking for more volunteers to help on this day. Tools will be provided, as well as a sandwich lunch, and the times can be flexible if you cannot make the whole day.

If you can help, or you would like more information, please contact me at: john@wycombewandererstrust.com or on: 01494 441145.

A statement on the Club’s position re the EFL Trophy had been released and is now live on the Trust and Club websites. We had voted in favour strictly on the basis that this is a 12 month trial, is commercially sensible for us and is not a pre curser to Premier League B teams playing in the EFL. The views of the Fans Council will be sought at the end of the trial.

Terry’s badge stall will operate again next season, with badges in a new design.


Jun
23

EFL Trophy Statement

Wycombe Wanderers can clarify its stance on the change in format of the EFL (formerly Johnstone’s Paint) Trophy for the 2016/17 season.

At the recent EFL AGM, clubs were asked to cast their vote in relation to the introduction of 16 Premier League academy sides into the competition, on a one-season pilot basis.

Wanderers’ vote was dependent on the proposals meeting a number of criteria which would ensure that the new format would be commercially beneficial for the club and not lead to the introduction of Premier League ‘B’ teams into the EFL.

The club were satisfied that these criteria were met and therefore voted in favour of the proposal, along with the vast majority of EFL League One and Two clubs, on the basis that the club will benefit from greater revenue from the new format due to increased central funding and prize money, whereas it had previously struggled to break even financially from the competition.

While the club acknowledges that some fans may not agree with or support the decision, Wycombe Wanderers must protect its best interests in terms of maximising its revenue during a period where it has long-standing debts to pay whilst striving to achieve sustainability under supporter ownership.

At the conclusion of the one-year pilot, the club will seek to conduct a review of the new format at its Fans Council meetings, prior to any further vote next summer.

The new format of the EFL Trophy will include 64 teams made up of EFL League One and Two clubs, plus an additional 16 category 1 Premier League academy/under-21 sides. Central to the competition will be the introduction of a new group stage format with 16 regional groups of four teams. The top two teams will progress to the knockout stages of the competition with the final staged at Wembley Stadium in April 2017.


Jun
16

Volunteer to join the PALS on July 9th Please?

PALSIt is that time again – although some of the seat cleaning was done prior to the England Womens         International on the 4th June and thanks go to those who turned out mid week to do that.

However we need to finish the job as well as completing other maintenance work around the ground, mainly gardening, tidying up and painting which the regular volunteer team led by Alan  Hodgson and Lisa Bowker began at the end of the season.

If you are prepared to help on the 9th July please let John Derben know as soon as possible so he can arrange a sandwich lunch. Work will start at 9.30 am and finish about 4pm and all tools will be provided.

Some of you have yet to complete a Volunteer Registration Form please do not let that put you off they will available on the day. Thanks for your help.

John Derben (tel 01494 441145) email j.derben123@btinternet.com

 


Jun
7

‘Get Active’ – Every Wednesday Lunchtime at Adams Park

GET-ACTIVE-212x300Wycombe Wanderers Sports and Education Trust (“WWSET”) are running a fun fitness/get active session every Wednesday at Adams Park between 12.15pm and 1.15pm for just £2 per session.

This is for anyone who wants to get active or fit. WWSET are offering it to the local community to raise health levels, but also we are offering places to anyone who is involved or working for the club.

If you wish to join in, just turn up

All further information you can find on the WWSET Website- www.wwset.co.uk/get-active-adams-park/

 


Jun
6

Are YOU Getting Your Share? (Updated 6.6.16)

scan0018If you are one of the 300+ Wycombe Wanderers Trust members who have already signed up to support the Community Share Scheme, then we wish to say a big thank-you!

In just over 14 months since the Share Scheme was launched, there has been a terrific response from our members and with £726k now committed, we are already well over one third of the way towards our target.

We set ourselves a target to raise £2,000,000 over 5 years “to improve the capital base of the Trust in order for it to invest in its assets WWFC and FALL” by using a community share structure to:

  • Ensure the club remains in fans’ ownership with the provision of a capital injection to re-finance the Football Club
  • Provide resources to improve the profitability of the business and the management structure of the Football Club
  • Invest in improved conference and matchday facilities to improve the attraction of Adams Park as an alternative event venue
  • Widen the community ownership of the Football Club and its social benefit

Already we are seeing the benefits of the £408k of Share Scheme money that has been banked, with the Football Club finances heading towards a more stable position and a number of visible improvements being made around the stadium. These will continue as more funds come in.

The Share Scheme is set up so that anyone can invest at any level and if necessary spread their payments over the next 5 years.

We started off with a good number of members wanting to donate their £10 a year subscription EACH MONTH and most of those people have now turned those donations into share purchases to build up a good number of shares over the coming five years.

At the outset it was a simple calculation that if 1000 members each were able to invest £2000, then we would quickly and easily reach our target. Thanks to those who have put in a ‘lump sum’ – some have invested £2000, some have paid more and some less but all are much appreciated.

If we are to continue to ensure Community ownership, then we do need to keep progressing towards our target and hence this message is now being put out to our membership.

So Are YOU Getting Your Share?

Do please consider if you can help in anyway by either setting up a 5-year payment plan (monthly or annually) or by donating a one-off payment of whatever you can. The minimum investment is £100 and the maximum is £100,000.

If you can, then the forms are on our website page –click here – where you can also find the brochure and all the associated background information.

Any questions can be emailed to shares@wycombewandererstrust.com

We believe that by raising extra capital through these Community Shares to invest in the Club, we can turn a business that has traditionally lost money into one built on firm foundations making a profit and make sure the Club remains owned by you, the fans.

Many thanks for any help you can give.

NIgel KingstonTrust Directors will be at the Trust Table before each home game to receive your application or to answer any questions.

Nigel Kingston
Chairman – Share Issue Marketing Group

 


Apr
20

Invest in the Present and Future of YOUR CLUB Please

scan0018Watch this video and then join the 300 Wycombe Wanderers fans by investing in your club via the Trust’s Share Scheme.

(Track: Love Runs Out by One Republic.)

Every little helps but there is a feel good factor amongst those who have signed up to do their bit!

Share Offer Forms    Share Offer Brochure


Feb
10

Please Help Promote The Adams Park Facilities

Vere SuiteAdams Park has excellent conference and banqueting facilities available for hire for a great variety of functions including meetings and exhibitions

Many of the function rooms can be arranged in a number of ways to suit your individual needs and are available for half or full day. The Executive Boxes can be hired on an hourly rate.

Honours LoungeClick on this link Conference Centre 201516 for full details.

Bear your club’s home in mind for any function you may wish to hold and please pass this onto your friends and business colleagues.

Contact Lisa Belcher, Conference Centre Co-ordinator on 01494 455703 to arrange a booking or email lisa.belcher@wwfc.com


Feb
6

A ‘Simple Guide’ to the WW Trust – Updated 6.2.16

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, led by the then new Trust Director Dale Jenkins put together the following which we hope will be useful:

scan0001

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 (the trading entity) and Adams Park as separate entities.

Features

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

John Bignell                  johnbig@wycombewandererstrust.com
Mark Burrell               mark@wycombewandererstrust.com
Alan Cecil                   alan@wycombewandererstrust.com
David Cook                 dave@wycombewandererstrust.com
John Derben                john@wycombewandererstrust.com
Dale Jenkins              dale@wycombewandererstrust.com
Nigel Kingston            nigel@wycombewandererstrust.com
David Roberton          david@wycombewandererstrust.com
David Smith                 dsmith@wycombewandererstrust.com
Trevor Stroud              trevor@wycombewandererstrust.com
Colin Treacher            colin@wycombewandererstrust.com

  • Ownership of Adams Park (professionally assessed at £7million) is held within Frank Adams Legacy Limited (“FALL”). There is a separate FALL Board, currently under reconstruction.
  • Most major debts of the Trust sit under FALL, secured by charges on Adams Park, but Wycombe Wanderers Trust also has some debts to pay.
  • Wycombe Wanderers Trust relies on rental income from WWFC (the trading entity) to gradually pay down its creditors and loans via FALL (for example remaining Steve Hayes repayments, Chairboys Funders interest).
  • No takeover or change in ownership can proceed without 75% approval from all 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 approximately 570 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 Andrew Howard (WWFC Chairman) and its employees.
  • Only the Wycombe Wanderers Trust Board can appoint and remove individuals from and to the WWFC club board (WWFC’s Club Board is made up of Andrew Howard, Ivor Beeks, Mark Burrell, 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 WWFC’s 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...

Football Governance (Supporters Participation) Bill – No further progress!

13/05/2016

Regular readers here will know that we have been monitoring the progress of this (and similar) bills through Parliament in the last couple of years. Progress of any Private Members Bill is difficult and many do not get given any time for debate. However there was some progress on the Football Governance (Supporters’ Participation) Bill 2015-16 [more…]

Trust Board Appointment

12/05/2016

Trust member David Smith has been co-opted onto the Board until the next AGM. David is a practising corporate lawyer with over 35 years experience of advising public and private companies, and “legal” is a skill we have been looking to add to the Board. We know David well as he has assisted us on [more…]

Share Scheme Update re Certificates

12/05/2016

Every investor (subject to having paid in the £100 minimum) in the Trust Share Scheme should by now have received their first (or even second) share certificate. Most of you have taken advantage of claiming 30% of your investment back by way of tax relief, so we had to wait for the claim forms to arrive from [more…]

Thanks to the Badge Buyers

07/05/2016

The 2015-16 season has been our best yet in terms of funds raised from the sale of Matchday and other WWFC themed badges. The magnificent sum of £3376 has been raised for Trust funds which as always go to support the football club. Massive thanks are due to Terry Hall of Terry’s Badges www.terrysbadges.co.uk plus his various [more…]

Notes from April Trust Board Meeting

05/05/2016

The Trust Board met recently towards the end of April for their monthly meeting. The previous minutes were signed off and a financial update was provided by Group Finance Director Mark Burrell. This discussion mainly concerned the control of the club’s cashflow with us still unable to secure a Bank overdraft to cover the irregular nature [more…]

Rhino and Robbo Get On Their Bikes for Prostate Cancer Charity

20/04/2016

Wanderers legend Keith Ryan is jumping in the saddle to represent the club on the ride to Amsterdam for Prostate Cancer UK this summer. The former club captain, who scored 50 goals in 517 games across a 15-year spell at Adams Park, has signed up to represent the Chairboys on the ‘Football to Amsterdam’ challenge, [more…]

Trust Directors Pledge Their Support

15/04/2016

The Trust Directors have personally sponsored the home shirt of Luke O’Nien this season and a good number of them were present at the Kit Sponsors Dinner on Tuesday night. Pictured (l to r) with Luke are John Bignell, Dale Jenkins, Alan Cecil, Colin Treacher, Mark Burrell and Trevor Stroud. Thanks to Prime Media Images [more…]

Fans Council Launch New Marquee at Adams Park

13/04/2016

Wanderers fans will have access to a brand-new facility at Adams Park on Saturday following the creation of a new bar conceived by a group of supporters. The newly-formed ‘Fans Council‘ – which comprises of members of the fanbase plus representatives from the club and Trust – met for the first time in March and [more…]

Trust Board Minutes – March 2016

10/04/2016

The Trust Board recently met for its monthly board meeting on Wednesday 30th March. Our finance Director Mark Burrell talked through the accounts. Season ticket details have been released for next year and early season ticket sales will be a great help. £3,000 was raised at the recent fundraising evening in aid of the Prostate [more…]

Happy First Birthday To Our Share Scheme

18/03/2016

Yes, it’s a year since we launched the Community Share Scheme, so it’s 1-year-old this week. Let’s look at a few questions – has it worked, what has it achieved, how much has it raised, has it helped the Club, what has the money been spent on? Let me try and answer these and also [more…]