Trust finally complete Blues takeover (From Bucks Free Press)
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Wanderers under new ownership: Hayes completes sale
8:47am Saturday 30th June 2012 in News By Alan Feldberg
Trust finally complete Blues takeover
THE takeover of Wycombe Wanderers has finally been completed with Wycombe Wanderers Trust Ltd replacing Steve Hayes at the helm.
The announcement was made on the club's website yesterday.
Under terms of the deal, the club will retain ownership of Adams Park and the training ground under a new holding company owned by the Trust, Frank Adams Legacy Ltd.
The takeover will also allow the accounts to be filed, therefore lifting the transfer embargo with days.
Speaking on the club's official website, Trust chairman Trevor Stroud said: "The Trust are delighted to take control of Wycombe Wanderers, especially in the club's 125th anniversary year.
"The plan is to work to a break-even model which will secure a sound financial footing for the club.
"I would like to express our appreciation to Steve Hayes for the considerate and constructive approach he has taken throughout the takeover process.
"In addition, we wish to place on record our recognition to the contribution made by Mr Hayes to the club's achievements during his tenure, and to Ivor Beeks and Brian Kane for their significant contribution to the process.
"We acknowledge that in order to achieve our ambitions we need the support of the fans as we enter an exciting new era for the club."
The statement does not say whether Beeks will continue as chairman, or how the Trust plans to finance the club.
Steve Hayes said: "I've thoroughly enjoyed my time, firstly as managing director then as owner, and my support for the club will continue to be just as passionate as ever.
"I'm extremely confident that the club are in the best possible hands and wish the Trust every success in control of a club which I hold close to my heart."
The club say further details will be released shortly and have planned a press conference for Monday afternoon.
Click on the link to read about the Wasps takeover.
Comments are closed on this article.
Comments (22)
10:22am Sat 30 Jun 12
Marmite XO says...
R.I.P Wycombe Wanderers
I just hope Wasps stay in Wycombe.
11:13am Sat 30 Jun 12
ChilternsBlue says...
11:26am Sat 30 Jun 12
mooneysmagic says...
12:03pm Sat 30 Jun 12
A VOTER says...
I sincerely hope they will be a success, which, at the end of the day, is down to the skill of the players on the pitch.
12:05pm Sat 30 Jun 12
irish john says...
Adams park will not exist in 2015.
A crying shame but true !
12:38pm Sat 30 Jun 12
A VOTER says...
Without this, the club will fail.
If what you say is true, then the club would have failed big time had WDC ploughed £75 million of taxpayers money into a team which is being forecasted by its supporters to fail.
These comments fully justify the successful campaign against the new stadium.
12:55pm Sat 30 Jun 12
erm says...
1:03pm Sat 30 Jun 12
Timmy Pursey says...
3:35pm Sat 30 Jun 12
evenflo says...
5:13pm Sat 30 Jun 12
am i the only one says...
All posters ignore them, WHY ?
5:38pm Sat 30 Jun 12
Gerry47 says...
Now it's back in the hands of the supporters, with the aim of operating at break even, this is a good thing, in fact it's a model that ALL lower league football teams should follow.
10:29am Sun 1 Jul 12
stevet123 says...
11:19am Sun 1 Jul 12
wayneo says...
11:40am Sun 1 Jul 12
demoness the second says...
And OMG isn't it a good job we did not get embroiled in a new stadium!
12:45pm Sun 1 Jul 12
BOOKERite says...
4:37pm Sun 1 Jul 12
Darren Hayday says...
I shall be taking my boy with me in the next season.
11:13pm Sun 1 Jul 12
miccles says...
11:41pm Sun 1 Jul 12
AnAllegoricalFigure says...
11:42pm Sun 1 Jul 12
AnAllegoricalFigure says...
12:28am Mon 2 Jul 12
wayneo says...
6:28pm Mon 2 Jul 12
Local_Concerned_Resident says...
If the trust have a good day to day management structure in place (not just the football side) they have a good a chance of making it work with true belief in what they are trying to deliver.
The trust and the team, make it a local success story. Get behind them , I will .
8:52am Wed 4 Jul 12
demoness the second says...
FFS so these kids are not allowed to be disappointed and should count their blessings?