1. Log in now to remove adverts - no adverts at all to registered members!

Billionaire Mikheil Lomtadze purchases Wycombe Wanderers

Discussion in 'Wycombe' started by Ron, May 5, 2024.

  1. Ron

    Ron Well-Known Member
    Forum Moderator

    Joined:
    Jan 25, 2011
    Messages:
    48,665
    Likes Received:
    16,267
    A technology investor and entrepreneur is now the official owner of Wycombe Wanderers, the club have confirmed


    In the evening of Saturday, May 4, one week after the league season ended, the Adams Park side released an official statement confirming that Mikheil Lomtadze’s company, Blue Ocean Partners, owns 90 per cent of the club

    The Georgian joins the club’s board alongside Eduard Vyshnyakov and Dan Rice.

    Wanderers’ previous owners, the Couhig family, had been with the Buckinghamshire-based team since 2019 before officially taking over in February 2020


    In that time, they helped Wycombe reach three Wembley finals, secure a season in the Championship, and provide a development system which was produced names such as Anis Mehmeti, Chris Forino and Ali Al-Hamadi

    The club is delighted to announce that Mikheil Lomtadze, Eduard Vyshnyakov and Dan Rice have joined the Board of Directors. Ownership of Feliciana EFL Ltd – which owns 90% of the club - has been transferred to Blue Ocean Partners II Limited, owned by Mikheil Lomtadze
     
    #1
  2. philhythe

    philhythe Well-Known Member

    Joined:
    Apr 7, 2012
    Messages:
    5,093
    Likes Received:
    1,245
    You get owners like this now, with what happened to the results when Bloomfield took over as manager & the results at the beginning of this season he would have probably been gone.
     
    #2
  3. Guywanderer

    Guywanderer Well-Known Member

    Joined:
    Feb 1, 2011
    Messages:
    9,863
    Likes Received:
    5,405
    Mixed views on this I take it the Trust owns the other 10%
    Will this make us the Man City of league one
     
    #3
  4. philhythe

    philhythe Well-Known Member

    Joined:
    Apr 7, 2012
    Messages:
    5,093
    Likes Received:
    1,245
    I don't think so we still have FFP in league 1 you can only spend what's coming in, if it operates like the Premier League where it could help is ground improvements & academy which don't count towards FFP. What we do know he owns the football side & nothing else he doesn't own the ground. Which could be a good thing.
     
    #4
  5. Ron

    Ron Well-Known Member
    Forum Moderator

    Joined:
    Jan 25, 2011
    Messages:
    48,665
    Likes Received:
    16,267
    The Trust still owns Adams Park. They bought Couhig's 90%

    That's not to say that at some stage they couldn't have us over a barrel and demand the other 10%. In that scenario I would hope the Trust would say **** off, we'll keep our ground and go into administration
     
    #5
  6. philhythe

    philhythe Well-Known Member

    Joined:
    Apr 7, 2012
    Messages:
    5,093
    Likes Received:
    1,245
    Nearly all football clubs that get into trouble do not own their own grounds.
     
    #6
  7. philhythe

    philhythe Well-Known Member

    Joined:
    Apr 7, 2012
    Messages:
    5,093
    Likes Received:
    1,245
    Or the owner try's to sell it like the Reading training ground fiasco
     
    #7
  8. Ron

    Ron Well-Known Member
    Forum Moderator

    Joined:
    Jan 25, 2011
    Messages:
    48,665
    Likes Received:
    16,267
    Who is Wycombe's new owner?
    Mikheil Lomtadze is a technology investor and entrepreneur, who founded Kaspi.kz, the leading technology company in Central Asia with a mission to improve people’s lives by developing innovative mobile products and services.

    He currently serves as Chief Executive Officer and is an executive director of the company.

    The 48-year-olds holds an MBA degree from Harvard Business School, and is a member of Harvard Business School’s Middle East & North Africa Advisory Board.
     
    #8
  9. Ron

    Ron Well-Known Member
    Forum Moderator

    Joined:
    Jan 25, 2011
    Messages:
    48,665
    Likes Received:
    16,267
    Everton: Wycombe to appoint Dan Rice with Goodison Park notice given

    Jonathan Burnett
    Tue 23 April 2024 11:10, UK

    Dan Rice is set for a surprise move to Wycombe Wanderers after handing in his notice at Everton recently, according to Alan Nixon.

    The emerging talent scout only arrived at Goodison Park from his previous role at Southampton last year but is moving on to the ambitious League One club already.
     
    #9
  10. Ron

    Ron Well-Known Member
    Forum Moderator

    Joined:
    Jan 25, 2011
    Messages:
    48,665
    Likes Received:
    16,267
    New owner statement extract

    “To the Wycombe fans, I do not and will not take lightly the responsibility for the Club in front of its fans, staff and players.

    “Our goal is to achieve long-term success both on and off the pitch whilst building a financially sustainable club.

    “The football world is evolving very fast and our priority will be to integrate data analytics and technology to elevate the Club’s performance to new levels.

    “I am also a strong believer in youth development and it will be fundamental to the Club’s vision.


    "We aim to re-open and build a leading high-performance academy which will become an essential part of our long-term strategy of developing a club that consistently performs at the top level.

    “We are looking forward to working with the Wycombe Wanderers Supporters’ Trust as we together take the club into its next chapter.

    “I’m excited to get started and I look forward to seeing everyone down at Adams Park for the start of the 2024/25 season.”
     
    #10

  11. mowgli1960

    mowgli1960 Well-Known Member

    Joined:
    Mar 24, 2012
    Messages:
    4,446
    Likes Received:
    1,015
    It all seems to be good for our new owner but we thought the same about the t*sser Steve Hayes who left us with £6M of debt. <grr><grr>
     
    #11
  12. Ron

    Ron Well-Known Member
    Forum Moderator

    Joined:
    Jan 25, 2011
    Messages:
    48,665
    Likes Received:
    16,267
    My recollection of Steve Hayes was that most, if not all, of us did not trust him one inch
     
    #12
  13. Cardiff-Wycombe

    Cardiff-Wycombe Well-Known Member

    Joined:
    Feb 6, 2011
    Messages:
    2,907
    Likes Received:
    719
    He is saying the right things, I will wait and see before making judgement. Some owners seem to get bored when they don’t get success immediately.
     
    #13
  14. Ron

    Ron Well-Known Member
    Forum Moderator

    Joined:
    Jan 25, 2011
    Messages:
    48,665
    Likes Received:
    16,267
    Steve Hayes was bad news and I was always concerned about what he was doing, especially when I saw the feasibility report and cost of the feasibilty study re placement of a new stadium. What a joke. What that study contained could have been done on the back of an envelope with a bit of common sense and a few enquiries, in a few days. Can't remember how long it took but they somehow justified spending £0.25M on consultants to produce a christ knows how many page report which was clearly a pre-produced report with variables filled in. Hayes had us over a barrel

    Then came the 2 money grabbing yanks who had investment interests all over the place and the Trust nearly sold us down the river behind the scenes. Obviously some backhanders about there. As I said on this forum, I could smell the stink from here

    Then came the Couhigs. I had a nice feeling about this and wasn't disappointed

    Now a Russian billionaire. Hmm. I think I trust Rob Couhig to only hand us over to someone with good intentions and the money to invest. So, unless the new owner has fooled Rob (which I doubt), we could be in for exciting times. I would like to see what plans they come with to see if they are realistic (as opposed to the Hayes pie in the sky project)

    Maybe they will put in place plans for a new stadium and use Adams Park as the training ground and venue for events (and maybe the home ground for the youth squad). Any plans for a new stadium will need to be realistic (ie taking account of our current attendaces) whilst allowing for expansion if the long term plans are fulfilled and attendances improve significantly. Such a plan would give the new owners full ownership of the club (including new stadium) whilst leavingb Adams Park owned by the Trust
     
    #14
  15. Guywanderer

    Guywanderer Well-Known Member

    Joined:
    Feb 1, 2011
    Messages:
    9,863
    Likes Received:
    5,405
    Any comparison with Hayes is totally off the mark this bloke has money to burn Hayes only had credit notes after all he ran Loans.co.uk who disappeared into MBNA
     
    #15
  16. Ron

    Ron Well-Known Member
    Forum Moderator

    Joined:
    Jan 25, 2011
    Messages:
    48,665
    Likes Received:
    16,267
    I hope you aren't reading my post as comparing him to Hayes. I'm excited by the news. But I'll still be interested to see how he copes with our low attendaances
     
    #16

Share This Page