Trust Matters – 24th March 2018

The following piece first appeared in the Port Vale matchday programme ‘Parklife’ and will also be emailed to all Trust Members.

WWT and WWFC owned by our fans, run for our fans 

Meet your Trust Board:

 

Tony Hector was elected to the Trust Board at the AGM in November 2017.

I began supporting Wycombe Wanderers in October 1969 having been persuaded to attend my first game by two school friends.  A season ticket holder from around 1992, I have rarely missed a home game since and also get to attend many of the away games.

After working for HSBC Bank for over 42 years in various managerial positions, I retired in 2015.  I am keen to now devote my time and energy to not just helping the Trust safeguard the Club’s heritage, but to also help drive it forward under the Trust ownership model.  I believe that my broad experience will help augment the skills of the existing Board members in achieving this aim.”

Latest from 500 Club’18 and the Share Scheme:

There are now 145 members of 500 Club’18, who have donated £30,000 this season to the playing budget. This has helped secure the loans of Dan Scarr, Nathan McGinley, Tafari Moore, Randall Williams and Curtis Thompson.

The Share Scheme has now banked £562,000 since it was launched and there is another £175,000 committed over the next two seasons. There are over 180 fans still contributing with regular payments and another 160 fans have made one off payments.

Update from Trust Board Meeting 22nd February

  • Approval has been given for the repair of lighting in Frank Adams Stand at a cost of £9,500, paid for by the Trust
  • Trust subscriptions are outstanding to a sum of £500. Follow up action is taking place.
  • A meeting with the Board of Chairboys Funders took place to outline the proposed new scheme to replace the existing one which matures in May 2018. Positive feedback was given, and all Funders will be written to with details of the new scheme.
  • Code of Conduct policy for Trust Directors was discussed and agreed, subject to minor amendments to be made following the meeting.
  •  GDPR: (How Companies protect personal data) good progress is being made and is on course for the 25 May18 live date.  Interest assessment is complete for Directors and in progress for Club staff.  Policy document will be updated 4 weeks before live date in May.
  • Ability to continue to claim EIS Tax relief on Share Scheme contributions is being investigated, due to recent HMRC changes.
  • WWLFC – Integration into the Club continues. There is a budget for team operation/management.


PALS Update

Volunteers will be doing maintenance work on hedges at the Training Ground on 25th March. Start time is 9.30 am, all tools will be provided. If you can help please contact John Derben on j.derben123@btinternet.com  or 01494 441145.

 

Why the Trust Matters

Trust ownership has given the Club a level of stability that had been lacking previously. The Trust passionately believes in the preservation of the heritage and history of our Club and seeks to share it with the wider community. The Trust is a volunteer led, democratic organisation which seeks to foster a real sense of ownership amongst the Club’s supporters. The Trust is an ever-changing entity, not constrained by the whims of individual Directors or owners.  All Trust members are equal and anyone of them can be elected or co-opted onto the Trust Board and, from there, onto the Club Board. The Trust’s annual subscription of £10 per annum makes Trust membership accessible to all. If you are not yet a member of the Trust, or if your membership has lapsed, now is a good time to join. Contact John Bignall at johnbig@wycomebewandererstrust.com

Trust Matters Feedback

If you have any queries about Trust Matters or if you would like us to consider adding something to the next edition, please contact Trust Matters editor, Nigel Kingston on nigel@ascom.net