Wanderers takeover deal imminent (From Bucks Free Press)
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Wanderers takeover deal imminent
2:50pm Monday 14th May 2012 in Sport By Andy Carswell
Steve Hayes
A DEAL that will see Wycombe Wanderers supporters take over the running of the club from owner Steve Hayes is imminent.
The Wycombe Wanderers Trust and the club said today that talks are "in the final stages of negotiations" and a deal could be concluded within the next few weeks.
An agreement over possible changes to shareholder rights is one of the issues that needs to be ironed out before the deal can go ahead, although the joint statement says the deal is designed to preserve the Frank Adams legacy of Adams Park for Wycombe Wanderers.
Wycombe Wanderers Trust Chairman Trevor Stroud said: "We believe we are in a strong position to take the club and Adams Park forward under the Trust’s stewardship and we are pleased with the favourable terms being offered by Steve Hayes in this process.
Mr Hayes said: "I am confident that Wycombe Wanderers Trust are the right people to take the club forward. For now the focus of everyone involved is to ensure the deal is completed as quickly as possible."
Both parties have said they will not comment further on the deal until talks are concluded.
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