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Trust agree majority shareholding (in principle)
Tue Jul 2, 2019 13:06

The Trust revealed on Tuesday (2nd July 2019) that they were in “advanced discussions with American sports team owner Rob Couhig in relation to Mr Couhig becoming a shareholder of Wycombe Wanderers Football Club.”
The news follows the collapse of discussions with Bill Luby and Jim Collis in April 2019 following more than six months of discussions with the US duo.

The Trust plan to hold a meeting of all members at Adams Park on Thursday 11th July to discuss the latest proposals and will send out invitations in due course.

A statement issued by the Trust said: “The Trust have been in discussions with a number of interested parties since announcing their intention to attract investment into the football club last September and have now reached an agreement in principle with Mr Couhig, who will also appoint football consultant Mark Palmer and financial consultant Peter Couhig to the club’s management team.

In addition to the investment of funds into the Club’s on and off-field operations, Rob Couhig and his team will have direct involvement in the Club’s ongoing management and will review all operations to help create a sustainable model for future success, with a view to securing the backing of the Trust’s Legacy Members (those who have held a season ticket for four or more consecutive seasons) for the acquisition of a majority share in the future.”

The statement added: “It is intended that, at that point, neither the club nor its Adams Park stadium will hold any debt, nor will the assets be available to be used as security.”
Full statement

Although not mentioned in the statement, Wanderers supporters have been quick to point out that Couhig had been in discussions with Yeovil Town during the 2018/19 campaign and was set to become their new owner in February 2019.
The takeover was called off in May 2019 but was not blamed on Yeovil’s relegation from the Football League.

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In an interview for ITV News (West Country) in February 2019, Couhig said “I’m going to make it the most exciting experience in English football.”

Hold on to your hats, here we go again.

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