Former Wycombe Wanderers owner Rob Couhig has revealed he and Mikheil Lomtadze ‘shared similar values’ ahead of the latter’s eventual takeover of the club.

It was announced on May 4 that the Georgian billionaire Lomtadze, who resides in Kazakhstan, had purchased the Couhig’s family 90 per cent share of the club.

It ends the American’s five-year spell as Wycombe’s owners, in which they achieved promotion to the Championship, three Wembley final appearances, and most importantly, financial security.

And despite the lawyer and businessman no longer being the club’s owner, he will remain on the board as chairman.

He said: “I am excited for the future of Wycombe Wanderers.

“Last year, I announced that I had begun looking at a possible succession plan for our ownership.

“Since then, I met with a significant number of well-qualified people.

“Last fall, Mikheil and I met and decided to explore his potential role with the club.

“It was apparent from that first meeting that Mikheil and I shared similar values of speaking directly and honestly with each other.

"I came to understand that his goals for the Club were similar to mine.

“Important to me, although often separated by a 12-hour time difference, we became friends.  

“The logical conclusion to those discussions culminated today [May 4] with the transfer of Feliciana EFL Limited to his company.

“The Board of Wycombe Wanderers Football Club will have three new directors, Mikheil, Eduard Vyshnyakov, and Daniel Rice.

“The Board has asked me to convey its and the Wanderers family’s appreciation for the great work that Missy Couhig and Pete Couhig have done for the Club and community since June 2019.

"As for me, Mikheil has asked and I have agreed to continue as Chairman during the transition of ownership.

“Please join me in welcoming Mikheil, Eduard and Dan to the Club.”