DAVID Davies will step down as chief executive of Wasps in September, but has told fans he does not believe the club will follow him out of Adams Park.

Davies announced his resignation on Monday but the man who has lobbied hardest for Wasps' High Wycombe future has gone a long way to calming worried fans.

He said: "I can assure the supporters that at present the board is foresquare for staying where it is.

"What happens in the future I think is crystal ball gazing, and people shouldn't spend time doing that.

"But people should recognise that we the board have stated publically and repeatedly that we're staying where we are."

At the moment Wasps only have a temporary lease agreement at Adams Park, but Davies is confident that will be firmed up by the autumn.

He said: "I think there'll be a signed agreement prior to September. Everybody knows the long term future is here at Wycombe and we're very comfortable with that."

Davies wants to return to the Midlands for family reasons, but will remain at his post another six months to give the club time to find a suitable replacement.

He said: "I've been thinking about it since I took some time off in August. I've been speaking to members of the board since early February and what we've arrived at enables the club to plan for change rather than have to be forced into it.

"I don't have anything planned at the moment. But part of the reason I had the conversation in the first place is I didn't want to do anything behind the club's back.

"In my position you can't just come out and start applying for jobs. I had to come out and make the first move.

"Now isn't the right time to be talking to people. But the season finishes at the end of next month and I suspect there'll be more serious discussions then."

For the time being Davies has his hands full at Wasps.

The club expect to be able to announce a new sponsorship deal with Magners shortly and are also expecting feedback from a safety advisory group regarding plans to carry out £5m-worth of upgrades to Adams Park.

Davies said: "We're in a better state now than we were three years ago. We're in the quarter-finals of the Heineken Cup and we're in pretty good shape in the league.

"But you never look at silverware in anything else other than in dreams so at the moment I'm just looking at London Irish to see if we can get away with four points."