Quote:
Originally Posted by Foxy
Wycombe , heralded as the proof of the success of fans ownership , are planning to change to a hybrid -25% fans owned. The chair of the supporters trust (take note Pete Jones) has said: “ the club has two options...cut our cloth accordingly (fans ownership) and find our level which is...National League. Or find a partner”. He is advocating that the trust give 75% to the partner.
He goes on to say “ as a fans owned club we are asking supporters to fund the deficit every year . But we just can’t keep doing that”.
He claims that they are now riding high in the league with ground investment because of their private investors, who have already put in significant finance in the last 12 months. And that now is the time to give those investors 75%.
Very refreshing to see an open minded and forward looking pragmatist in charge of a fans trust rather than someone obsessed with ideological purity and determined to fight the battles of ten years ago.
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Interesting. Our problem at present is that we haven't got any investors.
Also significant that the Investor put money into a Fans owned club unconditionally and is now likely to be rewarded.