Welcome to the Wycombe Wanderers Trust

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

Browsing the Trust Matters category

Apr
20

Trust Share Scheme – Certificates for 2016-17

We are now preparing the Share Certificates for those Trust Members who have invested into the Trust Community Share Scheme over the past year.

This is an arduous process given the amount of paperwork required in order to satisfy the requirements of HM Revenue and Customs but this does allow those who are eligible and who have opted to do so, to claim back 30% of their investment by way of tax relief because of our scheme’s qualification under the Enterprise Investment Scheme.

We hope to have all Share Certificates and (where required) the Tax Certificates out by the middle of May with the aim that many of them can be collected at either of our last two home matches.

If your surname begins with A or B, then yours are ready for collection from the Trust table in the Caledonian Suite before Saturday’s game vs Doncaster.

Apr
8

Trust Directors Sponsor ‘Sweet Luke O’Nien’

Luke O’Nien with Directors during the Wycombe Wanderers Player Sponsors End of Season Dinner at Adams Park, High Wycombe, England on 6 April 2017. Photo by David Horn / PRiME Media Images.

The Trust Directors have again personally sponsored the home shirt of Luke O’Nien this season and a good number of them were present at the Player Kit Sponsors Dinner on Thursday night.

Pictured (l to r) with Luke are David Roberton, Alan Cecil, David Cook, John Bignell, Trevor Stroud and Dale Jenkins.

Thanks to Prime Media Images for the photograph.

Along with a good number of other sponsors, the Trust Directors pledged on the night to renew their sponsorship for next season, though this will need to be ratified at the next Trust Board meeting. The cost of this sponsorship is met by the directors themselves and not out of Trust funds.

Feb
19

Fans Keep On Giving So We Can Provide

Notwithstanding the success of the 500 Club in recent months, the WW Trust Share Scheme launched in 2014 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 144 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 £470,000 has been banked with more than a further £270,000 committed to be received over this and the next 3 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
  • New club flag
  • Medical equipment to boost return of injured players
  • Replacement seats 
  • 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)

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

Feb
8

Trust Directors Talk Us Through Their Roles – Part 9

The latest Trust Director to have had their piece published in the Matchday programme and then on here is John Derben.   John outlined his role on the board of Wycombe Wanderers Trust as follows:

“Good afternoon and welcome to the fans of Portsmouth FC – my old stomping ground when in my teens I saw them win back-to-back Division 1 Championships in 1948/49 and 1949/50.

My allegiance these days is with Wycombe Wanderers and has been for the past 15 years. During that time, I have served on the football club board and currently on the board of the Supporters Trust, where I have several areas of responsibility.

As chairman of the board of Frank Adams Legacy Limited, the actual owners of the stadium, I – together with my colleagues – look after the interests of the supporters. Working together, we provide financial security to the football club who lease the stadium and maintain the fabric as part of their responsibilities.

Volunteers now play a significant role in helping the club to reduce the cost of maintenance and redecoration. Volunteers also sell programmes and run the car parks, with more than 20 in total working around the stadium on matchdays. We are called PALS and have over 100 volunteers signed up. If you would like to join our happy band, contact me on 01494 441145 for the forms.

As chairman of OWWSA (the Official Wycombe Wanderers Supporters Association), I represent the fans on the Trust board and co-ordinate the activities of the PALS volunteers.

OWWSA regularly raises funds for the club through events, run by my wife Sandie, and organising a coach service to all away games, run by Rena Frontalski and Graham Roberts. This amounts to between £6,000 and £10,000 each year. If anyone would like to join OWWSA, it costs just £12 a year – Graham Roberts is your man to contact. OWWSA membership entitles you to a £4 discount on every away coach trip.

The safety aspect of the stadium is overseen by Buckinghamshire County Council through a committee called the SAG (Safety Advisory Group). All the public services play a role on the SAG – police, fire brigade, ambulance service, St John’s Ambulance and Wycombe District Council (environmental health and building surveyors departments).

The club is represented by the stadium manager Gordon Reilly and safety officer Trevor Morgan, director David Cook, and myself. I have attended the SAG for the last five years partly because of my past professional background and partly because of the work our volunteers do to protect our supporters. This is one of those tasks which goes on in the background in the overall running of the football club.

This year, Gordon, Trevor, David and I have been rewriting the safety certificate which governs all aspects of health and safety in and around the stadium. This is a mandatory document designed to protect not only our supporters and staff but all visitors to our facilities. In my role, I attend the pre-match stewards briefings and support the stadium manager and safety officer as and when required.

Life is never boring at Wycombe Wanderers. All the directors of the club and Trust boards give their time voluntarily and it’s a pleasure to work with such dedicated teams and for a dedicated band of supporters.”

Feb
7

Trust Directors Talk Us Through Their Roles – Part 8

Squad Photo during the Wycombe Wanderers 2016/17 Team & Individual Squad Photos at Adams Park, High Wycombe, England on 1 August 2016. Photo by Jeremy Nako.

The latest Trust Board member to talk us through his role is Mark Burrell.

“I’ve been a Trust Board Director for two years, and then joined the football club board in June 2015, working on a purely voluntary basis to create a sustainable football club and group, and build a legacy.

Each director’s role is based on their skills and experience; mine is bringing business transformation and corporate / strategic finance expertise as the Group Finance Director across the finances of all three companies – the Trust, WWFC and Frank Adams Legacy Ltd.  I chair the Group Finance Committee where we grapple with the detail of the group finances and how to make funds work for the best of all, and ensuring we do not have to pay unnecessary tax.

My finance update at the Trust AGM and Finance Forum showed that we have good reason for optimism with the strongest results and finances since the Trust took control.  Some highlights are: we have made real progress both financially and with our systems and processes; we have made significant reductions in debts in the group (including from the well-publicised receipt of the Jordon Ibe monies); we have formalised and extended all outstanding external debt arrangements; and we have agreed repayment plans with all parties as we continue to meet our financial promises.  

Our records and processes are at levels of clarity and consistency not seen before, as I work with Dawn Evans (the club’s Finance Manager) and Martyn Broughton (the independent Group Treasurer), and with our auditors, Haines Watts, who have provided outstanding service and support through the year.

This all builds towards creating a sustainable football club for future generations and, financially, we know where we are and what we need each season for various scenarios. 

We have finance plans in place that, like our competitors, rely on “football fortune” to work, through cup runs, player sales or sell-on fees. We work to ensure this continues, without guarantees, so we need to look at the best model for the ownership and funding of our football club and group.  Trimming our budget or expanding it with inward investment, which would mean selling part or a controlling interest in our Club – as a Trust Board we are investigating routes open to us.

2017 is very exciting for us all both on and off the pitch and we work for the best results we can deliver, constantly and rigorously looking at how best to “balance the books” as a Trust-owned club ensuring we continue to develop, commercially and financially.”

Jan
29

500 Club – over £70,000 raised so far

It’s time for a further update on our 500 Club – Player Fund appeal.

As of tonight the total raised has reached £70900 – thats 94.6% of target – donated by 418 of our fans.

So we just need up to 27 fans committing £150 (or more) each to reach our target. Can we do this by the end of the January transfer window?

The minimum donation needs to be just £150 and this can be a one-off sum or spread over 12 months. In either option, anyone can give more than that sum and quite a few have done so.

It’s not too late to help boost Gareth’s squad by contributing now.

Please go to www.500wanderers.co.uk to make your commitment.

Jan
8

A Boost for the Share Scheme

The Share Scheme is still alive and doing well!  Many thanks to all those who have already contributed and/or are still doing so for the next few years.

This month an existing WW Trust Share Scheme shareholder Gareth Hayes wanted to acknowledge the 21st birthday of his son Amos by making an investment for him in the football club.

‘Our own Gareth‘ was on hand on Saturday to present Amos with his share certificate supported by (left to right) Nigel Kingston (Share Scheme Chairman), Trevor Stroud (Trust Chairman), Alan Cecil (Share Scheme Administrator) and on the far right is Gareth Hayes.

If you can help boost the finances of your club, then please go to http://www.wycombewandererstrust.com/share-offer

Jan
3

Trust Chairman Looks Ahead At 2017

In case you missed this in the Newport match programme, ‘Parklife’ Trevor Stroud, Chairman of Wycombe Wanderers Trust had this to say about the year ahead:

“As we start a New Year, I have more optimism for the future of our Football Club, than I have had since we took ownership in 2012. Not only do we have, in my opinion, the strongest squad we’ve had for many years, playing good football and scoring lots of goals, but off the field we have made real progress both financially and with our systems and processes.

When we took ownership of WWFC we had no overdraft facility and increasing total debts that had peaked at £2.92m (June 2015) which by the end of June 2016 had been reduced to £2.4m, with a further significant reduction last November following the well-publicised receipt of the Jordon Ibe monies. We have formalised and extended all outstanding external debt arrangements, and have agreed repayment plans (albeit small payments!) with all parties as we meet our financial promises.

We have an effective Trust Board, who put in many hours every month on a voluntary basis, to ensure that we continue the progress we have made, working to build a sustainable football club for future generations. (I even allowed them new name badges, so you know who they are!)

We have a Club Chairman who has transformed the business aspect of the Football Club, again on a totally voluntary basis (and has had a pretty good influence on on-field activities as well).

We have one of the brightest Managers in the EFL, who represents our Club so professionally at every opportunity. Have you ever seen him refuse a picture or an autograph?

We have one of the best pitches in the EFL, courtesy of a hard working groundstaff, ably managed by Ivor Beeks.

Oh, and we have the Beast as well!

However, the New Year is about looking forward not back.

Footballing wise, we have a great 3rd round F.A. Cup tie against Stourbridge on Saturday. This will be a difficult match, as it may well be the biggest game they have ever played and they will be very keen to do to us, what we’ve done to higher placed teams so many times before. In the league, we are two thirds of the way to safety, and in a good place to push for a play-off place.

Off the pitch, we will need to continue the debate regarding the best model for the ownership and funding of our Football Club, going forward. We’ve relied, as do many of our competitors, on “football fortune” to survive, be it via cup runs (including the much maligned Checkatrade trophy), player sales or sell on fees. We can of course hope, and do our best, to ensure this continues, but there are absolutely no guarantees that it will.

We can “cut our cloth” to what we can afford, which would mean a further reduced player budget and an inevitable tumble down the leagues. The other route would be to look for inward investment, which would mean selling part or a controlling interest in the Football Club. As I said at the Trust AGM, your Trust board are currently investigating routes open to us, and at an appropriate time I will call a special meeting to update members and have a debate about our findings. In the meantime, you have the reassurance that the Club cannot be sold without the approval of 75% of Legacy Members (members who have held a season ticket for more than three seasons). 

I am really excited about what we might achieve in the coming year, and would like to take this opportunity to wish you and your family a happy, healthy and successful 2017.”

Jan
1

500 Club Showing Its Worth As Jamal Stays On

Speaking on the news that loan goalkeeper Jamal Blackman has had his loan period from Chelsea extended until the end of this season, Manager Gareth Ainsworth had this to say:

“There’s a lot of work to be done in January to keep this squad as strong as it can be and to give us a real chance of achieving something in the second half of the season.
The 500 Club has played a massive part so far and I’d like to thank everyone who’s contributed because the fans here can make such a difference.”

The 500 Club was set up to bolster Gareth’s playing budget, initially in the January 2017 window, and we already seen the Scott Kashket and Jamal Blackman deals.

If you can help boost the sum already raised for this purpose then please go to www.500wanderers.co.uk

Dec
20

Final 2016 Board Meeting – Summary

The WWSGL (Wycombe Wanderers Trust) Board recently met for their final monthly meeting of 2016. A summary of the discussions are below.

AGM:

• As confirmed at the AGM, Colin Treacher has retired by rotation, replaced by Lawrie Read (unopposed).

• Jordon Ibe: as members found out at the AGM, the Jordon Ibe monies had been received, which has allowed the entirety of Steve Hayes’ debt to be repaid, as well as leaving a surplus.

• It was agreed that the Trust’s Registered Address be changed to Adams Park following Colin Treacher standing down from the Board.

• A further finance forum was held on 8th December to discuss the financial aspects and slides presented on the night. This was only attended by two members so we assume members are happy with what they have been shown/ told. If not, we have a Trust table at every home match in the Calendonian Suite, ran by our Directors on a rota basis, so please come and see us with any further questions.

Player Fund:

• With all promised subscriptions included, the Player Fund total now stands at £50,680 with over 290 contributors. The Board still hopes to see further donations coming through over the next couple of weeks prior to the January transfer window opening. This represents significant progress since the AGM and the announcement of Scott Kashket signing a 2 and a half year contract.

• There was a widespread belief that the impressive total donated by supporters show what the fans of Wycombe Wanderers want to invest in: the playing squad.

• The funds generated so far amount to a superb total which will really help Gareth Ainsworth’s budget in January.

• There had been no recent change in the total investment of the Share Scheme, which still runs in conjunction with the 500 Club Player Fund.

Club News:

• The new general manager, Michael Davies, had been announced and will start on 9th January 2017.

• A new range of club shop items arrived just prior to the Leyton Orient match on 17th December. All proceeds now go to the club and fans are encouraged to have a look at what is available.

• Corporate hospitality sold out for the Leyton Orient match.

• Tickets for the Stourbridge FA Cup 3rd Round match at Adams Park on Saturday 7th January are now on general sale.

PALS:

• John Derben reported that 6 volunteers were attending the stadium twice per week, carrying out various maintenance tasks including redecorating the toilets, maintaining the fire exit route behind the Frank Adams Stand and jet washing throughout the stadium when required.

• The thanks of everyone in attendance is always noted for our loyal volunteers. We will continue to recruit new volunteers for tasks as they arise.

WWSET:

David Roberton updated the meeting on the following points:
• Meetings have been held with the Berks & Bucks FA who are very supportive of the Club’s approach to ladies’ football.
• Additionally, meetings have been held with other local Football League Clubs to better understand best practice within their operations. Watch this space!

Fans Council:

• It has been agreed that Mark Bowring will head up a revised Fans’ Council where representatives from each sector of the Stadium will participate so that issues can be brought forward to the Club / Trust for review and action as appropriate.

The Trust Board will meet again in mid-January 2017.

Thanks for reading.