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Wycombe takeover completed

The takeover of Wycombe Wanderers from the Supporters Trust has been completed with American businessman and sports team owner Rob Couhig acquiring a 75 per cent stake: It's a done deal

95 per cent of eligible Trust members voted in favour of the takeover. Former chairman Trevor Stroud, who remains on the board, said: 'Today is the day that we pass the baton to Rob Couhig, as the new majority shareholder of Wycombe Wanderers, and thank him for the commitment he has shown to the club ever since accepting our call in June to support the club financially and operationally. Without his contribution at the time, we were facing an extremely precarious position and I don’t believe the club would be in the position it is now had Rob not come forward.'

Kieran Maguire of the PriceofFootball has tweeted: 'Wycombe Wanderers lost £868,000 in 2018/19 and are technically insolvent as liabilities exceed assets. This may further explain why the supporters’ trust sold the club to private investor.'

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