Summary of October’s Trust Board Meeting

Continuing our policy of open communication with our members and fans, here is a summary of the last Trust Board meeting, giving as much detail as can be publicly shared.

Trust Members Update following Trust Board Meeting held on 16th October 2013

In attendance: Trevor Stroud (Trust Chairman), Don Woodward (Trust Director and Football Club Chairman), Reg Rundle (Treasurer), Keith Blagbrough, Alan Cecil, David Cook, Garry Heath, David Roberton

Apologies: Matt Clarke, Colin Treacher, Tim Goode

1.       Wycombe Wanderers Trust Business Plan – presented by Trevor Stroud

The Capital Restructuring Working Group has now been formed and should be meeting before the end of October

The Trust Board (plus selected individuals) is providing Marketing Support to the Football Club with two separate work streams under Matt Cecil (Matchday activities) and David Cook (Corporate activities)

20 new members have joined the WW Trust in recent weeks bringing the membership up to 920.

108 members now make additional monthly donations to the Trust, enabling us to further support the Football Club.

Twitter followers, Facebook likes and Website visits are all on the increase.

2.       WWFC Report – presented by Don Woodward and David Roberton

Financial updates were provided, examined and discussed. There were very few WWFC or Wasps fixtures at Adams Park in September to generate income.

On the playing side, availability has not been helped by a number of illnesses and whilst these have passed, some players will need time to return to full fitness.

Billy Knott’s loan was extended until his 21st birthday in November. Any further extension will be made under the emergency loan scheme.

The Club is negotiating to extend some player contracts but is mindful of the budget constraints.

3.       Frank Adams Legacy Limited (“FALL”) – presented by Garry Heath

All our memorabilia has now been returned from the Wycombe Museum and work on revamping the Scores bar to put some of these items on display has now started. We are grateful to the Ex-Players Association which is meeting the cost of this work.

Chairboys Funders Limited (“CFL”) – We are extremely grateful to the 29 investors who have now raised the magnificent sum of £450,000, which has been lent to FALL for lending onto the Football Club. CFL is totally independent of the Trust, WWFC and FALL and has now appointed its own Board of Directors.

4.       Wycombe Wanderers Sport & Education Trust (“WWSET”) – presented by Alan Cecil

Reg Rundle and Alan Cecil have now been appointed as new Trustees and therefore as Directors of WWSET, replacing Ivor Beeks and Brian Kane who recently stepped down after many years’ service on what was the Community Trust.

There is a desire to re-establish a youth team set-up via an Academy/Centre of Excellence but there are many factors to consider before this can go ahead. It is hoped to involve some influential ex-players in this.

5.       Any Other Business

i.            Bus Service/Park and Ride – We wrote to 40 former users of this service but got no response. Talks are still in progress with Arriva in the hope of them providing a similar service to what they do on Wasps match days.

ii.           Race Night – We are helping to promote this event on Friday 15th November, which is being organised by the OWWSA Social Committee.

iii.          Christmas Events – The Trust will also help to promote the Winter Wonderland – Christmas Dinner for the fans with the players – and the Christmas Ball Party Nights

iv.          Team Manager – We are very appreciative of the time that Gareth Ainsworth gives up to attend various events and functions and we must ensure these are not encroaching too much on his free time, knowing that he also spends many evenings watching players and other teams.