www.wwst.org

Frequently Asked Questions
Updated 1st May 2005

The following seeks to address a number of frequently asked questions regarding the Supporters Trust and its application for shares in Wycombe Wanderers Football Club plc. If there is a question that you wish to ask but which is not addressed here then please email the chairman: faqs@wwst.org. Your question will be answered to the best of our ability. If the question appears to be of general interest then it will be added together with an answer to this page.


Why do we need a Supporters Trust?
"Football clubs in England have deep roots in their communities. The club-community relationship has traditionally been based on mutual support. Clubs draw strength from the goodwill of the local people., who have nurtured and supported them over the generations. Clubs repay this by providing a community focus and source of civic pride."
Football Task Force, Investing in the Community, 1999 para 2.1

For many years prior to the summer of 2004, Wycombe Wanderers Football Club was owned by 500 members, the vast majority of whom were long standing fans due to the requirement that members had held season tickets for a minimum of least three years. Each of these members had a single equal vote. In the summer of 2004 when Wycombe Wanderers Football Club Ltd converted to a PLC, the ownership changed from these members to a small collection of shareholders, whose votes are ultimately proportional to their share holdings. This change of ownership went against the national trend where increasingly football clubs are owned by their supporters and the local community.

Under the provisions of the conversion, supporters were guaranteed a representative on the board of directors of the PLC providing a Supporters Trust were established and purchased a certain number of shares in the PLC. Experience at many other clubs shows that often a supporters trust is formed when the club is in crisis and it is almost too late to save the situation. In the case of Wycombe Wanderers the conversion to the PLC put off until another day such a crisis but it is important that supporters unite behind the Supporters and Founders Trusts and fully participate in the boardroom. This is the best way of ensuring that we never suffer the troubles that have befallen so many other clubs.

The true test of the value of the Supporters Trust will be the level and quality of dialogue that occurs with the PLC board and the effectiveness with which the views of supporters are put across over future issues. This is untested at present but the history of other clubs is that if we had failed to create the Supporters Trust then when we really needed one it is would too already be too late! Just ask the fans of Brighton or York City or numerous other clubs.

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It is confusing having both a Supporters Trust and a Supporters Trust. What is the role of the Founders Trust?
It is true that the existence of the two Trusts has created confusion and this confusion is further compounded by the existence of the two supporters organisations, the Official Wycombe Wanderers Supporters Association (aka the Blues Club) and the Wycombe Wanderers Independent Supporters Club (WWISC). This website can not claim to represent any of these other organisations and hence what follows is view of the world from the Supporters Trust perspective.

Each of the 500 members of Wycombe Wanderers Football Club at the time of the conversion to the PLC was issued with a Founders Share. These are £1.00 shares in Wycombe Wanderers Football Club plc and can be voted by their owners in the normal way at General Meetings of the PLC. The issued share capital of Wycombe Wanderers Football Club plc is approximately £1,000,000 as at 1st March 2005, and hence these 500 shares will be massively outweighed in the event of a shareholder ballot. As such they are not of particular significance in the day to day running of the football club. The real significance of the 500 Founder Shares is that they have certain rights in respect of important decisions that would impact the football club in a significant manner.
Specifically a majority vote of the 500 Founder Shares (note: shares NOT shareholders) is needed if the board of the PLC wanted to:
1. Dispose of its interest in Adams Park;
2. Sell off substantial and material parts of its property or assets ;
3. Change the company's business from running a professional football club;
4. Change the rights of the Founder Shares;
5. Voluntarily wind up the company;
6. Relocate the football club more than 5 miles away from Adams Park; and
7. Increase the maximum percentage of the PLC that any one shareholder can own beyond 25%.
Note: The wording above is paraphrased from the Articles of Association of Wycombe Wanderers Football Club plc.
See the full Articles of Association if you wish to check the exact wording.
The Founder Shares and their rights last for as long as the PLC lasts BUT Founder Members move away, stop coming to football matches and in the fullness of time die! Founder shares can NOT be passed on to anyone else. When a Founder Member dies or ceases to be a season ticket holder then his or her Founder Share pass to the Founders Trust, which was formed at the time of the conversion to the PLC. As at 1st March 2005, the Founders Trust held one Founders Share of a deceased member. Clearly this holding will grow over time until such time as the Founders Trust holds all 500 Founder Shares.
The principle role of the Founders Trust is to hold and vote the Trust's Founder Shares.

Membership of the Founders Trust is open to existing Founder Members who are also season ticket holders; current season ticket holders who have held season tickets for the 3 previous seasons; employees of the football club (both full time and matchday) who are in their fourth year of continuous service; and Life Members of Wycombe Wanderers Football Club. Under the terms of the conversion, the Founders Trust has been granted a representative on the board of directors of the PLC, without the need for a further share holding.

The primary function of the Founders Trust is an important one. It is fully appropriate that the Founders Trust has a representative on the board of the PLC. It is unfortunate that those responsible for the conversion to a PLC placed the word "Trust" in the name "Founders Trust". The identical function could equally well have been performed by an equivalent grouping named, for example, "The Frank Adams Legacy Company". As is explained elsewhere, the Supporters Trust is part of a nationwide supporters' trust organisation and hence it is important and appropriate that it is known as a Supporters Trust. The name was not important for the function of the Founders Trust but the naming has contributed to some of the confusion regarding the organisations.

For further information on the Founders Trust, the Blues Club and WWISC click here.


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Why do we need a Supporters Trust in addition to the Founders Trust?
At most clubs, the supporters raise money for their club in one form or other. At Wycombe Wanderers, both the Blues Club and WWISC have historically raised funding either for specific projects or for sponsorship of players or the like. However, there has never been a mechanism for gaining representation in return for this contribution. The Supporters Trust represents a practical manner for supporters to focus fund raising through an organisation that also provides board level representation. The Blues Club has already made a significant and welcome donation to the Supporters Trust. Donations made on the night at the fans forum held on 20th January 2005 organised jointly by all four organisations went to the Supporters Trust. Hence there is already evidence that the Supporters Trust is becoming the conduit for funding to the football club accompanied by representation. The Founders Trust has only been granted one representative on the board of the PLC. If the Founders Trust were to also become a fund raising organisation then it would still only have one representative on the board for the sums likely to be raised. There is always strength in numbers. Two supporter directors are better than one and much better than none. They can support each other in the presentation of supporter interests. In addition, the Supporters Trust now has 100,000 votes in any shareholder ballot on general matters. Whilst this holding would not carry the day alone, it could be highly significant in the event of a matter on which the rest of the shareholders were split.

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Is there overlap in membership of the Supporters Trust and the Founders Trust?
Yes. As at 14th May 2005, the Supporters Trust has 194 members. Of the 194, 80 are also members of the Founders Trust. It is to be expected that there will be overlap between the memberships of the two Trusts as both should have the best interests of Wycombe Wanderers at heart. The boards of the two Trusts urge all members who are eligible to join both Trusts as this maximises supporter representation.

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Are the Supporters Trust and the Founders Trust working together?
Yes - very closely. There has been a great deal of dialogue between the boards of the two organisations from their creation. The chairmen of the two organisations, Francis Glenister for the Supporters Trust and David McGee for the Founders Trust now attend board meetings of the other organisation. This enables the Trusts to better co-ordination activities, for example, our planned activities at the Chester match on 12th March 2005. The two Trusts have jointly purchased an advertising board at the football ground. Ian Mather, the Founders Trust representative on the board of the PLC, was very helpful in securing certain elements of support from the PLC for the Supporters Trust in the run up to the share purchase by the Supporters Trust. The two Trusts are likely to undertake a joint membership drive. It is also likely that we will run joint fund raising activities in the future, where the majority of the funds go to the Supporters Trust. Where eligible, the members of the two boards are themselves members of both Trusts. In summary, there is a great deal of co-operation and this is likely to become more visible in the future.

To learn more about our co-operation see the Founders Trust link on the main page of the website: click here


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Is the Supporters Trust connected to any other organisation?
The Supporters Trust is a member of Supporters Direct.
Supporters Direct was launched in September 2000, as a result of findings of the Football Task Force, established by the Government in 1997.

The following is taken from the Supporters Direct website:
"Supporters Direct is a government initiative, funded by public money, with offices in London and Glasgow.
Our aim is to help people "who wish to play a responsible part in the life of the football club they support" and we offer support, advice and information to groups of football supporters.
Supporters Direct exists to:
Promote and support the concept of democratic supporter ownership and representation through mutual, not-for-profit structures
Promote football clubs as civic and community institutions
Work to preserve the competitive values of league football in the United Kingdom and promoting the health of the game as a whole"


There are more than 100 supporters' trusts across England, Wales and Scotland. Over 60 hold shares in their football clubs. Approximately 40 have supporter representation within the boards of their football clubs. A number of clubs are owned by their supporters' trust. The rules of Wycombe Wanderers Supporters Trust are based on model rules provided by Supporters Direct.

Hence, Wycombe Wanderers Supporters Trust, its aims and rules are based on a well established model that is proving effective at many football clubs in the country.

For more details of Supporters Direct see their website:


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What does the Supporters Trust stand for?
Ultimately, of course, the Supporters Trust will stand for the majority views of its members. The Supporters Trust is establishing processes to ensure that there is communication between the board of the Supporters Trust and its members - see the related questions:
What is the process for communicating with the board of the Supporters Trust?
How will the Supporters Trust communicate with its members?
What will be the process for members communicating with the Supporters Trust director on the board of the PLC?
and
How will the director communicate with members of the Supporters Trust?

On a day to day basis, the Supporters Trust is governered by a set of rules that have been registered with the Financial Services Authority (FSA).
These rules are based on a set of model rules provided by Supporters Direct, the government funded umbrella organisation for supporters' trusts.
Supporters Direct aims to provide help to people who wish to play a responsible part in the life of the football club they support.
There are a set of goals that are written into the rules of the Supporters Trust, which are consistent with this aim.
The rules state that the six objects of the Supporters Trust are:

1. To strengthen the bonds between the Club and the community which it serves and to represent the interests of the community in the running of the Club;
2. To benefit present and future members of the community served by the Club by promoting encouraging and furthering the game of football as a recreational facility, sporting activity and focus for community involvement;
3. To further the development of the game of football nationally and internationally and the upholding of its rules;
4. To encourage the Club to take proper account of the interests of its supporters and of the community it serves in its decisions;
5. To encourage and promote the principle of supporter representation on the board of any company owning or controlling the Club and ultimately to be the vehicle for democratic elections to the board;
6. To promote, develop and respect the rights of members of the community served by the Club and people dealing with the Society as set out in the Charter of Fundamental rights of the European Union, having regard in particular to the need to provide information to members and conduct the affairs of the Society in accessible and appropriate ways;

These are the guiding principles that will determine the actions of the board of the Supporters Trust and the Trust's representative on the board of directors of the PLC. The reason why the Supporters Trust has been focussed on raising funds in the first six months of its existence is in order that we might cease the opportunity that existed to meet object 5, the principle of supporter representation on the board of the PLC that now owns Wycombe Wanderers Football Club.

To see the full rules of the Supporters Trust click on the link on the information page


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The Supporters Trust is registered as an Industrial and Provident Society. What is the significance of this?
Without getting too technical, the Supporters Trust has been registered as a legal entity in order to be formally constituted. Having considered advice from Supporters Direct, the Government funded umbrella organisation for supporters' trusts, the Supporters Trust has been registered as a community society under the Industrial and Provident Societies Act 1965. In order that the Supporters Trust could be registered most appropriately, the initial rules have been based on a set of model rules that Supporters Direct has pre-agreed with the Financial Services Authority (FSA).

For legal reasons the Trust has been registered as Wycombe Wanderers Supporters Society Ltd. but will be known as Wycombe Wanderers Supporters Trust. The society's register number is 29795R.

Irrespective of the level of subscription paid, all members of the Supporters Trust will have one share and one vote at general meetings of the Supporters Trust. In the event that membership lapses, the share will be forfeited.

The Supporters Trust must file accounts annually with the Financial Services Authority.

The additional formality of being a regulated Industrial and Provident Society provides an appropriate organisational structure for the Supporters Trust given its the community based activities and scale of fund raising.

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How many shares did the Supporters Trust need to purchase?
In order that the Supporters Trust might qualify for a representative to serve on the board of directors of Wycombe Wanderers Football Club plc, the Supporters Trust had to subscribe for 100,000 shares in Wycombe Wanderers Football Club plc.

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How much did these shares cost?
Shares were available in a partly paid format with a minimum of 50p per share being payable at the time of subscription. This means that the Supporters Trust needed to raise a minimum of £50,000 by the closing date of the restricted offer for subscription of the shares.

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What was the deadline for subscribing for shares?
Friday 18th February 2005.

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Is there anything else to pay?
Yes. A second instalment of £50,000 must be paid to complete the purchase of the shares.
In addition, an interest free loan was taken out to fund the first instalment and this will also need to be repaid.

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What would have happened to the money in the Supporters Trust if it had not purchased the shares?
In the event that the Supporters Trust had not purchase shares in Wycombe Wanderers Football Club plc then the board of the Supporters Trust would have consulted with its members regarding how to use the funds raised. The rules of the Supporters Trust include supporting activities of benefit to the local community and hence there are worthwhile activities that it could support other than through the purchase of shares.
The rules of the Supporters Trust can be found under the link to "Information on the Supporters Trust" below.

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What is the current membership and financial position of the Supporters Trust?
Everything that has been achieved has happened in the short period since the launch of the Supporters Trust at the end of August 2004.
As of Monday 1st May 2005, the Supporters Trust has 190 members.
There has been a significant increase in membership since the start of 2005.
Donations and members' subscriptions have raised approximately £26,000 out of which we have paid costs of approximately £2,400 including the costs of mailings, printing application forms and membership of Supporters Direct, the umbrella organisation for Supporters Trusts.
Cash in hand to fund future expenses and pay the second instalment of the share purchase is a little over £8,000.
We also have standing orders from those who pay monthly or annually and hence even without further members the funds would increase from this level. Assuming all those who pay annual subscriptions renew for season 2005/2006, the funds raised by the end of 2005 are projected to be well over £30,000.

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How did the Supporters Trust raise £50,000 by 18th February 2005?
The £50,000 was a mixture of membership fees, donations and an interest free loan. The Board of the Supporters Trust was fully aware that raising £100,000 in total would be a challenge and probably it would take more than 2 years to complete. Since the Supporters Trust was only launched at the end of August 2004, it is unsurprising that membership and fund raising alone was not at a level to finance the purchase of £50,000 worth of shares.
The Supporters Trust used the loan to fund part of the share purchase. This left some funds to finance ongoing expenses and also provide a start to the fund raising for the second instalment.

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What are the details of the loan?
The loan is for £35,000, which allowed the Supporters Trust to retain some cash reserves from its current funds to pay for operational costs such as further mailings etc.
The loan has been provided by a lifelong supporter of Wycombe Wanderers, who is sympathetic to the aims of the Supporters Trust.
The loan is interest free.
The loan has no specific repayment date but it can be called at any time by the lender.
In the event that the loan is called then the Supporters Trust has 30 days to find funds to repay the loan or alternatively it can transfer shares to the lender to the value of the loan outstanding at the time. Since the loan has been provided by a supporter sympathetic to the aims of the Supporters Trust, it is not anticipated that the loan will be called unless the Supporters Trust is run in such a manner that its fund raising obligations are being ignored.

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Will the loan need to be repaid before the second instalment?
No. The lender is willing to wait until after the second instalment has been paid. This means that the Supporters Trust can focus on raising the second instalment of £50,000 and only then need it focus on raising the funds to repay the loan.

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£100,000 sounds a lot of money. How should we think of this?
£100,000 is a lot of money. To set it in context, if all 500 of the Founder Members had joined on day one and paid £60 annual subscription fee then this would raise £30,000 p.a. and it would take the Supporters Trust more than 3 years to raise the £100,000. Membership of the Supporters Trust is open to everyone over 16 years old. The Supporters Trust is not only targeting the 500 Founder Members, however the calculations above set the £100,000 in context. They also explain why the board of the Supporters Trust always expected to require a loan to finance the share purchase. Even with additional fund raising, it is likely that the naturally gradual process of building up membership means that it will take three years or so to raise the £100,000.

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The Bucks Free Press reported the Supporters Trust as being in financial crisis. Is this accurate?
The Supporters Trust is certainly not in financial crisis. Sadly, the article represented very poor reporting. It is true that at the time the Supporters Trust had not raised the £50,000 needed to fund the initial purchase of 100,000 shares but, as is explained above, this has been the expectation from the start and also the possibility of raising a loan has been known since the start. The Supporters Trust has raised a significant amount of money and has adequate cash to finance its continued activities for the foreseeable future. Hence the Supporters Trust is not in financial crisis - Bucks Free Press please note!

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When does the Supporters Trust have to pay the second instalment?
It is for the Board of the PLC to decide when it needs the second instalment paid but this can be no less than 12 months from the first subscription hence the earliest that the second instalment will be required is February 2006. It is, however, prudent to assume that the second instalment will indeed be required in February 2006.

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Can the second instalment be paid early?
If sufficient funds are raised then it would be possible to pay the second instalment early so as to ensure that the shares held by the Supporters Trust are fully paid. It would be a sign of true progress if the Supporters Trust were to be in a position to do this.

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What happens if the second instalment can not be paid?
Ultimately if the Supporters Trust can not raise funds to pay the full second instalment on the shares then the shares will be forfeited with the funds paid to date going to the PLC.
If the forfeiting of shares causes the Supporters Trust's holding to fall below 100,000 shares then it will also lose its right to have a representative on the board of directors of the PLC.
Obviously the priority of the Supporters Trust will be to raise the funds to pay the second instalment of £50,000.
Since the loan that has been used to finance the first instalment has no set repayment date, it is possible to focus on raising the second instalment before raising the funds to repay the loan.

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How will the Supporters Trust raise the funds for the second instalment?
Firstly, we hope to increase our membership. There was a large increase in the run up to the first deadline as people finally "got around to joining". Once it becomes known that the first instalment has been paid, it is to be hoped that any who held off pending this outcome will now join. We also intend to undertake a joint membership drive with the Founders Trust.
Secondly, we intend to hold a number of fund raising events: a race night, a fund raising dinner, raffle and the like. We hope that these will be well supported.
Thirdly, we intend to launch a community partners scheme to bring in a number of corporate members and associated funds.
Fourthly, we are open to donations should any individual or any organisation wish to help us to achieve our goals.

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Did the Supporters Trust try to renegotiate the amount or the timing of the two instalments?
The amounts and timing of the instalments were set by the Football Club at the time of the conversion to the PLC.
The Supporters Trust approached the board of directors of the PLC in early 2005 with a view to renegotiating either the amount or the timing or both. This was rejected on the grounds that both had been set at the time of the conversion. The Supporters Trust was faced with the likelihood that if it failed to pay the first instalment by 18th February 2005 then it would lose its right forever to appoint a director to the board of the PLC.

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Who will representative the Supporters Trust on the Board of Wycombe Wanderers Football Club plc?
The Supporters Trust will hold elections both for its own board and for a member to represent it on the Board of Wycombe Wanderers Football Club plc.
In order to ensure that the Trust is representative of as wide a group of supporters as possible, it is important to build as large a membership as possible for the Supporters Trust.
Whilst we are building this membership and organising elections, an existing member of the board of the Supporters Trust, Keith Blagbrough, has been appointed in an interim capacity as the Supporters Trust's representative on the Board of Wycombe Wanderers Football Club plc.

Update 14th May 2005: The Supporters Trust has invited nominations for members to stand for election to the Board of Directors of the Supporters Trust. There is to be a postal ballot with the results announced at an AGM to be held on 30th June 2005.
The member to represent the Supporters Trust on the Board of Wycombe Wanderers Football Club plc will be elected from amongst the Board members of the Supporters Trust at a separate election to be held as soon as possible after the summer period. Although the exact timetable for the election of the member to represent the Supporters Trust on the Board of Wycombe Wanderers Football Club plc has not been finalised, it has been announced that the process will occur so as to announce the result no later than Monday October 17th 2005.

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Who are the current board of the Supporters Trust?
The board of the Supporters Trust comprises the following people as at 1st March 2005:

Chairman Francis Glenister
Secretary Keith Blagbrough
Treasurer Reg Rundle
Member Andy Worboys
Member Ian Mobsby
Member Tim Goode
Member Martin Hamilton
Member Marcus Wood
Member Peter Lerner
The majority of the board are longstanding supporters and also Founder Members of the Football Club.
The board may be expanded to include other volunteers.

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How do we learn more about the board members of the Supporters Trust?
Look on the information page over the coming weeks.
Photographs and short biographies of the board members will be added to the information available.

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What is the process for communicating with the board of the Supporters Trust?
Members can contact either individual members of the board of the Supporters Trust or the board as a whole in writing c/o the Trust's registered office or by telephone or by email.
These details are respectively:
 Write to:  1 Allen Drive, Walters Ash, High Wycombe, Bucks HP14 4SS
 Telephone:  01494 563697
 General Email:  feedback@wwst.org
 Individual Email:  See the individual email addresses under
Meet the Board on the information page


There will also be opportunities to make raise issues with the board of the Supporters Trust at fans forums and general meetings of the Supporters Trust including the Annual General Meeting.

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How will the Supporters Trust communicate with its members?
Direct contact by a member to the Supporters Trust via any of the mechanisms above should receive a direct response.
If there is a specific matter that needs to be reported to all members, especially if the input of members is needed urgently, then the Supporters Trust will write to its members.
Members will receive communications via a combination of updates to the Trust's website, emails to the Supporters Trust's email group, the Supporters Trust's section in the match day programme, press releases which will be sent to local media, periodic newsletters, fans forums and general meetings of the Supporters Trust including the Annual General Meeting.
To ensure that you receive communications from the Supporters Trust then please make sure we have all your contact details including both personal and work email addresses.
To provide an update of your contact details to the Supporters Trust click here.

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What will be the process for appointing people to the board of the Supporters Trust?
It is intended to hold elections for board membership in the first six months of 2005.
The current board has a mandate from previous open meetings to establish the Supporters Trust and take it through to a General Meeting in the first six months of 2005.
Since the Supporters Trust is an organisation of members, it will be for its members to decide who will serve on the board and to take the organisation forward.

Update 14th May 2005: The Supporters Trust has invited nominations for members to stand for election to the Board of Directors of the Supporters Trust. There is to be a postal ballot with the results announced at an AGM to be held on 30th June 2005.
The member to represent the Supporters Trust on the Board of Wycombe Wanderers Football Club plc will be elected from amongst the Board members of the Supporters Trust at a separate election to be held as soon as possible after the summer period. Although the exact timetable for the election of the member to represent the Supporters Trust on the Board of Wycombe Wanderers Football Club plc has not been finalised, it has been announced that the process will occur so as to announce the result no later than Monday October 17th 2005.

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What will be the process for members communicating with the Supporters Trust director on the board of the PLC?
Members can contact the board director in writing c/o the Trust's registered office or by telephone or by email or via an online form on the website.
These details are respectively:
 Write to:  1 Allen Drive, Walters Ash, High Wycombe, Bucks HP14 4SS
 Telephone:  01494 563697
 Email:  director@wwst.org
 Website form:  www.wwst.org


There will also be opportunities to make raise issues with the Supporters Trust's director at fans forums and general meetings of the Supporters Trust including the Annual General Meeting.

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How will the director communicate with members of the Supporters Trust?
Direct contact by a member to the director via any of the mechanisms above should receive a direct response.
If there is a specific matter that needs to be reported to all members, especially if the input of members is needed urgently, then the director will write to its members.
Although the Supporters Trust's director is bound by a signed confidentiality agreement that prohibits the release to members of the commercially sensitive aspects of board meetings, where possible members will be briefed via a combination of updates to the Trust's website, emails to the Supporters Trust's email group, periodic newsletters, fans forums and general meetings of the Supporters Trust including the Annual General Meeting.
To ensure that you receive communications from the Supporters Trust then please make sure we have all your contact details including both personal and work email addresses.
To provide an update of your contact details to the Supporters Trust click here.

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How much influence will the Supporters Trust director have on the board of the PLC?
The Supporters Trust director is a full member of the board. Hence he or she has the same ability as other directors to table matters for the agenda at board meetings and the same vote as other directors. If an issue goes to a vote on the board of directors then each director has one vote. It is only if an issue goes to a ballot of shareholders at a general meeting that the relative size of share holdings is the deciding factor. As at 1st March 2005, the board of directors of Wycombe Wanderers Football Club plc consists of five directors including both the Founders Trust's director and the Supporters Trust's director. It is to be expected that there will be a great deal of common interest between the views of members of the Founders and Supporters Trusts, it is helpful to have the two directors appointed by these organisations since they can support and reinforce one another's points in representing the views of their memberships.

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How will the shareholding in the Football Club be voted at general meetings of the PLC?

These will be voted as a block in accordance with the democratic wishes of the members of the Supporters Trust. We will use the established communication mechanisms with members to ascertain members wishes.

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What does it cost to join the Supporters Trust?
The goal has been to set a subscription level that is low enough to allow the broadest possible membership whilst raising sufficient funds to allow supporters to play a meaningful role in the life of the Football Club and, specifically, to allow the Supporters Trust to raise the funds necessary to buy 100,000 ordinary shares in Wycombe Wanderers Football Club plc and thereby retain its right to appoint a director.

As at 18th February 2005, the Supporters Trust has paid £50,000 for 100,000 shares in partly paid form at 50p per share. As a result of this investment, the Supporters Trust is now entitled to appoint a representative to the board of Wycombe Wanderers Football Club plc. It is necessary to pay a second instalment of £50,000 in February 206 in order that the the purchase of the 100,000 shares is complete and the right to a board representative is retained.

The first £50,000 has been raised from a combination of membership fees, donations and an interest free loan.
Clearly raising the second £50,000 and repaying the loan involved in the first £50,000 will be a challenge!

In 2004, all those who had expressed an initial interest in the Supporters Trust were consulted on the appropriate level for subscriptions. Having taken their views into account, a subscription level of £5.00 per month paid by standing order has been set as the appropriate subscription level. Arrangements have been included to allow members to pay one lump sum payment per year as an alternative to monthly. This will help the treasurer of the Supporters Trust in administration and will cut down the costs of overheads. We ask that all those who can afford it pay using the lump sum facility. The first £1.00 of the initial payment will buy one share in the Society. The remainder will be used to cover both the set up and running costs of the Supporters Trust together with raising funds to further the objects of the Supporters Trust. The set up costs are of the of the order of £1,000 including promotion and publicity some of which may be paid by Supporters Direct. The running costs are anticipated to be minimal. Subscriptions are non-refundable.

In an attempt to be fully inclusive of everybody who may have an interest in the Football Club, provision has been made for those who are unable to afford the full £5.00 per month to pay such sum as they can afford subject to a minimum payment of £3.00 per month.

Further, since the Supporters Trust needs to raise significant funds early on to subscribe for shares in the new company running the Football Club, both two year and three year memberships are offered for one time payments of £110 and £150 respectively. We encourage any who can afford this level of subscription to take up these extended options as they provide the Supporters Trust with greater certainty of funding.

For those paying monthly, subscriptions are scheduled to be paid on the 5th of each month.
For those paying £60.00 p.a., the payments are scheduled to be paid on 1st October each year starting 1st October 2005. A separate payment of £60 is required for 2004/05.

For those taking up the two and three year extended membership options, we are happy to receive payment by cheque or credit card.
Cheques should be made payable to Wycombe Wanderers Supporters Society Limited.

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What is a member's shareholding and voting rights in the Supporters Trust?
Irrespective of the level of subscription paid, all members of the Supporters Trust will have one share and one vote at general meetings of the Supporters Trust. In the event that membership lapses, the share will be forfeited.

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Are there any age restrictions and is there a junior membership option?

For legal reasons, it necessary for members of the Supporters Trust to be a minimum of 16 years of age and a minimum of 18 years of age to serve as officers of the Supporters Trust. We hope in due course to offer a junior membership scheme although this is not in place at present. We ask that the names of any young fans, who might be interested in joining a junior membership scheme, be inserted in the appropriate place on the application form and we will include them when a junior section is formed.

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How do I join the Supporters Trust?

 Write to:  1 Allen Drive, Walters Ash, High Wycombe, Bucks HP14 4SS
 Telephone:  01494 563697
 Email:  secretary@wwst.org
 Website link:  

 *** Join the Supporters Trust ***

Click here for link to application details



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Can the Supporters Trust accept donations?

The Supporters Trust is happy to receive any donations that you wish to make in order to help us meet our objectives. Please make a cheque payable to Wycombe Wanderers Supporters Society Limited and send it to the address on the application form. Please indicate if you would like formal acknowledgement of receipt of the donation. To save on administration costs, formal acknowledgements will only be sent if requested.

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Next Steps
If you are passionate about Wycombe Wanderers, please join the Supporters Trust.
Better yet, if you are eligible, join both the Supporters Trust and the Founders Trust.


 

 *** Join the Supporters Trust ***

Click here for link to application details

 Join the Founders Trust
The Board of Wycombe Wanderers Supporters Trust
urges everyone who is eligible to join
Wycombe Wanderers Founders Trust in addition
to joining the Supporters Trust
   Return to Information on the Supporters Trust
   Supporters Trust Home Page