Wycombe Wanderers Supporters Group Limited (operating as Wycombe Wanderers Trust) have reached an agreement with Rob Couhig, chairman and chief executive of Wycombe Wanderers Football Club and principal owner of Feliciana EFL Ltd, which the two parties believe is the next logical step to enable a series of exciting developments for the football club.
Rob Couhig and his senior leadership team remain fully committed to fulfilling the club’s ambitions of achieving Championship football, financial sustainability and improved facilities at both its Adams Park home and Marlow Road training base.
Underpinning these plans is the need to continuously improve revenue streams into the club through a wide-ranging series of developments, including the enhanced access to and from the stadium via a new road from the upper car park, which will in turn enable the club to increase the capacity of the stadium. Works are planned to redevelop the home terrace and north (Origin) stand (including new hospitality areas), improve facilities for disabled supporters, renovate the public toilets and kiosks and construct enhanced car parking facilities. These will also facilitate any potential increase in capacity.
In order to be able to finance these projects, we are proposing to amend the operating model between the Club and the Trust. Both the football Club and Trust recognise that competing on the pitch within the constraints of its current model, against clubs whose attendances and revenue streams are four or five times that of Wycombe’s, would produce a continual need for cash calls from the Trust, in turn draining the Trust of its financial resources.
In order to fully explain the details of this, Rob Couhig and the Trust will be holding a meeting for Trust members on November 9th in the Caledonian suite, starting at 7pm. The proposals detailed in that meeting will be put to a members vote at the end of the meeting, to ensure that we have your backing for the future plans.
This new model will allow the club to continue to make the necessary improvements to enhance its revenue streams and build on the fantastic progress that has been made with its commercial, media, ticketing and retail projects in recent times, as well as boosting the team’s chances of returning to the Championship, and further strengthening its excellent development squad programme for young players. It will also make it possible to further develop the stadium into one fit for the Championship.
Wycombe Wanderers Football Club and Wycombe Wanderers Trust share the view that the best days for the club, on and off the pitch, are ahead of us, and thank its supporters – particularly members of the Trust – for their sustained support and dedication to the club.
All Trust members are invited to attend the meeting but you will also be able to take part via Zoom. The meeting will start at 7pm and will include a Q&A session to answer any queries members may have.
Please note this is a separate meeting from the Annual General Meeting, which will take place on Thursday 17th November as previously communicated. We have decided to have two meetings as this enables us to have Rob Couhig present for this important meeting on the 9th, (as he is not in the UK on 17th November) and allows for a focused discussion / Q&A on the joint proposal without the other usual requirements of an AGM. We hope members will be able to make both meetings either in person or virtually via Zoom.
The bar will be open from 6.15pm and tea and coffee will be available.