TO MEET its long term aspirations Wycombe Wanderers must “break out of the current status quo”, Wycombe Wanderers owner Steve Hayes says.

The Blues' boss, who also owns London Wasps, has reiterated his desire to see the League Two side prosper “for many decades”, following a BBC show on the stadium proposals.

Moving to clarify the financial position of the club, touched on during Late Kick Off, shown on Monday night, he insisted Wanderers would be “better off” by switching to a new ground.

In a statement to the Free Press, Mr Hayes said: “I want to make sure that Wycombe Wanderers Football club is around – and is successful – for many decades to come.

“The very future of the club was the central concern of fans when I became involved and it remains so today.”

He raised the issue of maintenance costs as an “important” factor in moving – when asked on the BBC show if he could give assurances on receipts from the sale of the current stadium and training ground.

His statement continued: “The current stadium is owned by WWFC, but we are unable to borrow any more money against it and it also carries substantial ongoing liabilities in the form of maintenance and other costs.

“At the moment we are partly dependent on the rental income from Wasps, which will not continue in the long term without new facilities, while Adams Park is seriously constrained for example with poor access, parking, hospitality and other facilities.

“This severely limits our ability to raise revenue while the costs of competing in the modern game are rising all the time. “It is not sustainable that Wycombe Wanderers continues to lose money.

"If we are to invest in the long term and support our future aspirations, we need to break out of the current status quo.”

He said: “I have gone on the record in stating that Wycombe Wanderers will be better off financially as a result of a move to a new stadium.

“This is about looking forward and laying the foundations for a brighter future.

“It will also allow the club to be at the heart of a new Sports Village which could do so much for health, wellbeing and sports access across the community.

“I am a passionate fan of football and of Wycombe Wanderers.

“I continue to ask that fans and others retain an open mind until we publish more details as we are still at an early stage.”

He added: “I am sure that when people see the sheer quality of stadium and facilities that we will be proposing, and understand how it will put the club on a sustainable financial footing, they will be hugely excited by what it can mean for the future of our great club.”