Welcome to the Wycombe Wanderers Trust

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

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Communication from Nov 2015 Trust AGM

Please find attached AGM 261115 TSMB – the slides that were used at the Wycombe Wanderers Trust Annual General Meeting held on Thursday 26th November.

However they are just slides and should be taken as such, as they were intended as an accompaniment to the information already released and the verbal reports given by Trust Chairman Trevor Stroud and WWFC Director Mark Burrell.

We are committed to being open with the accounts of all three companies. If you have any questions when you have read them, or would like anything explained, Trust and Club director Mark Burrell and Group Treasurer Martyn Broughton will be in Scores/Monty’s from 6.30pm to 8.30pm on Wednesday 9 December (this is later than the date mentioned at the AGM following feedback on the short notice). There won’t be a presentation – this is just an opportunity for you to drop-in between those times and talk to Mark and Martyn.

Alternatively Mark Burrell is one of those manning the Trust table before the rearranged game with Notts County on Tuesday 15th November.

At this stage, the full and audited accounts for the Football Club do not yet need to be filed at Companies House, so they will not be made public until that time. In the meantime we can show you the abbreviated version here WWFC Final Abbrev 30.06.15 Again any questions on these can be handled at the surgery session as stated above.

The accounts for Frank Adams Legacy Limited have also been completed and are available here FALL Fin Stat Accs 30 june 15

Trust Members were sent the accounts to approve for Wycombe Wanderers Supporters Group Ltd (t/a Wycombe Wanderers Trust) and they can also be viewed here WWSGL Accounts to 30.6.2015

Matters raised in the Q&A with Andrew Howard and Gareth Ainsworth are available here AGM Q&A Nov2015


Three Trust Directors Re-Elected

The result of the election to fill three seats on the 11-person WW Trust Board of Directors was:

John Bignell         163 (elected)
Mark Bowring        40
Nigel Kingston     137 (elected)
David Roberton     135
Will Schafer-Peek   22
Trevor Stroud      207 (elected)

Our thanks go to all six candidates for putting themselves forward.

(David Roberton remains as a Director/Trustee of the Wycombe Wanderers Sports and Education Trust – a separate appointment unaffected by tonight’s vote)


Frank’s Legacy Lives On As Karen Adams Joins The FALL Board

Frank Adams LogoThe Wycombe Wanderers Trust Board has unanimously endorsed the appointment of its President Karen Adams as a Director of its subsidiary company, Frank Adams Legacy Limited (“FALL”)

WY88771 Wanderers Exhibition launch l to r Keith Blagbrough (Director WW Trust) Karen Adams (Frank Adams daughter) and John Bignell (ex players Assoc.) 8.12.14 Ann Priest by Ann Priest

Karen (now Mrs Karen Robinson) is the granddaughter of the Football Club’s chief benefactor and former player Frank Adams and she joins Garry Heath, Alan Cecil and John Derben as directors of FALL.

Pictured here between Keith Blagbrough and John Bignell at the exhibition earlier this year at Wycombe library, Karen has kindly donated and/or loaned to the Trust and the Club many interesting items of memorabilia relating to Frank Adams including his medals of honour and achievement.

(Thanks to Ann Priest for the photograph)

Loakes Park plaqueKaren Adams (as she likes to be known by us) has also made a significant investment in the WW Trust Share Scheme and also been along to assist in at least one of the Sunday working parties at Adams Park and is a regular attender at WWFC matches and events.

FALL intends to establish a working party to assist with the preservation and display of the club’s history and memorabilia and fans will already have notices a small cabinet inside the new reception entrance at the ground. Do come inside and see the changes for yourself on Saturday.


Pompey Badges on Sale + Get Your Frame Next Saturday

v PORTSMOUTHThe Matchday Badges will again be on sale before our next game on Saturday 28th November vs Portsmouth. Look for Terry’s stall in the usual spot just inside the Adams Park gates.

PLEASE NOTE: For the last two seasons , Terry has sold out on the day of the Portsmouth Matchday badge. A lot of their fans buy them too! So do visit his stall early and make sure you get yours.

PLAY OFF FINALTerry also has a wide range of WWFC themed badges . These include the special Wembley badges commemorating our Play Off Final visit there this year. Numbers for this badge are limited so get yours soon!        Other badges available include those shown below:



WYCOMBE Keep the faith







2014-15 Frame

If you have a badge collection from either last season or are building one up this time around, then Terry will be able to sell you a frame that takes them all to proudly display on your wall at home. These frames will cost £19 each. Only a limited number are held but Terry will take orders and supply.

Click all pictures to enlarge.


Bill Is Getting His Shares. Are You Getting Yours?

Bill TurnbullBBC Breakfast presenter and long time Wanderers fan Bill Turnbull was one of the first to sign up for the Trust Share Scheme.

scan0018Click here to read why.

Hopefully more fans will be inspired to follow Bill’s lead and help us raise more funds to help OUR FOOTBALL CLUB

Click on Share Offer Brochure for our original Share Issue Brochure

Click on Share Offer Forms for the form to sign up


Match Days – Trust Table

trust logo 003 wwfc our heritageThis season our table will be manned by the Trust Directors on a rotational basis and you will therefore have the opportunity to talk to different directors prior to each home match.

As from the Portsmouth game, the Trust table will be sited inside the new reception area. Do please call in wiuth any questions and if possible fill in a form to join the Share Scheme.

For the next few matches:

  • PortsmouthSaturday 28th NovemberGarry Heath and Martyn Broughton ***
  • Notts CountyTuesday 15th DecemberMark Burrell and Nigel Kingston

The table will be manned from 12.45pm to 2.45 pm on Saturdays and from 6pm to 7.30pm for evening matches.

As always, we will be pleased to discuss any topics including membership of the Trust and our very popular Community Share Scheme. Other Trust Directors may well be around too in the various bars, lounges and hospitality areas.

*** Martyn is not an elected Trust Director but has taken the role of Group Treasurer to assist the Board.


Are YOU Getting Your Share?

scan0018If you are one of the 250 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 5 months since the Share Scheme was launched, there has been a terrific response from our members and with £682k now committed, we are already more than 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 £330k 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 in the Vere Suite before each home game to receive your application or to answer any questions.

Nigel Kingston
Chairman – Share Issue Marketing Group



A ‘Simple Guide’ to the WW Trust

trust logo 003 wwfc our heritageFollowing our recent AGM, 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 new Trust Director Dale Jenkins have 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 (the trading entity) and Adams Park as separate entities.


  • 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
Garry Heath               garry@wycombewandererstrust.com
Dale Jenkins              dale@wycombewandererstrust.com
Nigel Kingston            nigel@wycombewandererstrust.com
Trevor Stroud              trevor@wycombewandererstrust.com
James Sumner             james@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).


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...

Consulting Our Members. Renaming of Scores as Monty’s


The Football Club has suggested that Scores Bar now be renamed to honour its long term President Monty Seymour and has asked us to seek approval to this from our members. Click here to register your vote which needs to be in by midnight on Monday evening 23rd November. This time has been chosen to link [more…]

Share Scheme: HMRC delays with EIS Tax Relief


My attention was recently drawn to this article in the Telegraph’s Money Section on 11th November: HMRC makes start-up investors wait a year for refunds  (Click that link to read) Hopefully our Share Scheme investors are not waiting too long to get their 30% refund! Every time we apply on your behalf for the necessary claim [more…]

Can you help us to publicise the Share Scheme?


In order to generate publicity for the Share Scheme and to encourage more fans to invest, we are planning to put together a creative advertising campaign that will feature a combination of some well known Wycombe supporters/investors, and some of you, passionate and loyal fans. This campaign will run in the usual areas such as [more…]

Major Football Exhibition at Adams Park – Thursday 12th November


Adams Park will play host to a football exhibition on Thursday 12th November, organised by footballtradedirectory.com (FTD) – the UK’s largest on-line football directory. Anyone in the Wycombe area involved in running a football club – large or small – is welcome to visit this free-to-attend event; one of a series of nationwide exhibitions organised [more…]

Membership Update – 1066 and…still growing!


John Bignell writes “Having taken on the role of membership secretary recently I have enjoyed meeting many of you and putting names to faces. Membership of the Trust continues to grow with 15 new members joining in the last few weeks. Our current total stands at 1066 which is an excellent total. Unsurprisingly the largest category is [more…]

Fun and Fundraising Race Night – Friday 4th December


We now have a new date for this major fundraising event after the original date was taken over by the friendly vs Leeds United. Adams Park becomes a racecourse for just one night (well the Vere Suite anyway) on Friday 4th December for the Annual Race Night – organised by OWWSA. This event is open to [more…]

Brian Lomax, founder of the football supporters trust movement, dies


We at Wycombe Wanderers Trust are saddened to hear of the passing on Monday of Brian Lomax OBE, a founding father of establishing Supporters Trusts and of the Supporters Direct organisation. The man credited with inspiring the football supporters trust movement has died at the age of 67. Brian Lomax founded the Northampton Town Supporters [more…]

Share Scheme Update


A number of you are still waiting for your Share Certificates for investments made since the launch of the scheme in March 2015 and more specifically for money paid in since the start of the current tax year. At last the EIS3 forms have now been received from HMRC. These then all needed completing by [more…]