Welcome to the Wycombe Wanderers Trust

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

Browsing the Trust Matters category

May
12

Trust Board Backs The Changes

Although the Trust Board won’t hold its normal monthly meeting until later in May, the Directors have unanimously agreed to release the following statement:

“Following the recent announcements of the changes to the board of WWFC, the Trust Directors would like to express publicly to Andrew Howard our appreciation for the tremendous work he has done over the last three years as Chairman of WWFC, and to Trevor Stroud for agreeing to take on the role.

We have great confidence in them both and wish them every success in their new roles.

The progress which the club has made in the past three seasons is due in no small part to the relationships which have built up between the two of them and Gareth, and we are delighted that Andrew is keen to continue working with us in the position of Sporting Director.”

May
10

Change of Football Club Chairman

A restructure of the Wycombe Wanderers FC board of directors will see Trevor Stroud take over as club chairman from the 1st of August. 

Current club chairman Andrew Howard, who has held the post for three years, will remain on the board and move into a new position as Sporting Director, overseeing the performance and development of all football matters.

Stroud, a club director and also chairman of Wycombe Wanderers Trust, will now take overall responsibility for the running of the club as it moves into the fourth year of a five-year plan to achieve sustainability on and off the field in League 1.

Howard explains: “I have been immensely proud to be chairman of Wycombe Wanderers and found it to be a challenging but extremely rewarding three years. Together I feel we have developed a really professional organisation and are moving towards an infrastructure which will be capable of operating at a higher level.

“However, the time has come for me to focus my efforts on the football side of the business, working in a new role which Gareth and his staff, with the support of the board, have devised in order to give us all the best possible chance of continuing the excellent progress on the pitch.

“We put the five-year plan in place to provide a real focus for everyone involved with the club, and I have done all I can in the past three years to develop the club as a whole with a particular focus on the commercial side. I’m excited to now help evolve the playing side and giving all the help I can to our outstanding young manager and his talented, dedicated and hungry staff.

“Trevor is the right person to succeed me as chairman; he represents the fanbase superbly and is backed by two strong boards – the club and the Trust – who are working extremely hard to maximise this club’s potential, with the support of the staff, fans and volunteers.”

 

May
7

How to Get Your Trust Share Certificate

Members who have paid into the Share Scheme during the 2016-17 tax year (ended 5th April 2017) are entitled to a Share Certificate and where requested a form to claim back 30% of their investment against any tax they have paid in that year.

This paperwork has all now been prepared and some have been collected or sent out. Those members still awaiting theirs who didn’t collect them from the Trust Table in the Caledonian Suite before Saturday’s game with Cambridge will need to wait for them to be posted out this coming week.

Many thanks for helping and for your investments into the Football Club via the Share Scheme.

It’s not too late to join in the Share Scheme. Click here for all the details, including brochure and forms

ARE YOU GETTING YOUR SHARE!

 

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.

Mar
27

500 Club – Target Reached!

Chairboys supporters have achieved the target of raising £75,000 for the playing budget through the 500 Club initiative. 

A huge thank you to all fans who’ve supported the 500 Club as we hit the £75,000 target on Saturday 25th March. This huge contribution to the playing budget has allowed Gareth to strengthen the squad in January and help provide a platform to enable us to aim for the play offs. An amazing 439 fans have joined the 500 Club and made donations to the playing budget.

Launched in September, the 500 Club invited fans to commit at least £150 – either as a one-off payment or in monthly instalments – to be spent on new signings and/or players’ contracts, with Scott Kashket (right) and Dominic Gape amongst those whose deals at Adams Park were part-funded by the scheme.

Contributors have been rewarded along the way by a series of prize draws, and each fan has received a signed squad photo as a thank you for their show of support.

The latest prize winner is Phil Holman, who has been selected as the 500 Club’s representative at the player kit sponsors’ dinner next week, with the 500 Club sponsoring Kashket’s away shirt.

All 500 Club members have been invited to a private event with the players in the Caledonian Suite at Adams Park after the match against Mansfield Town on Friday 14th April, which includes a meal, raffle, speeches and the presentation of the 500 Club Player of the Year, voted for by contributors.

Any members who have not yet confirmed their attendance should do so by contacting Nigel Kingston at nigel@ascom.net or 01494 677160. When replying, please state your nomination for your 500 Club Player of the Year.

See the 500 Club website for more details about the initiative: 500wanderers.co.uk

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
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