Wycombe Wanderers chairman and director Dan Rice has acquired a 10 per cent stake in the club. The shareholding has been purchased from Feliciana EFL Limited, which retains an 80 per cent controlling interest, while the Wycombe Wanderers Supporters Trust continues to hold the remaining 10 per cent. This move is the latest step following the club’s takeover in May 2024, when Mikheil Lomtadze, through Feliciana EFL Ltd, bought a 90 per cent stake from the Couhig family. The deal brought an end to the American owners’ five-year spell at Adams Park, a period which delivered promotion to the Championship, three Wembley appearances, and improved financial stability. Lomtadze, Rice and Eduard Vyshnyakov were appointed as directors as part of the transition, with the new ownership group setting out a long-term vision for growth on and off the pitch. Since the takeover, there has been increased investment across the club, including launching an academy setup, upgrades to facilities at Adams Park, and greater backing in the transfer market. This was highlighted in January 2025, when Wanderers broke their transfer record twice in a week. Defender Anders Hagelskjær joined from Molde for around £500,000 before midfielder Magnus Westergaard signed from Viborg for approximately £850,000. Lomtadze said Dan has been his trusted partner in the journey of Wycombe Wanderers, and he is delighted that he has become a shareholder in the club. Our ambition remains unchanged: to build a successful, sustainable football club that makes our supporters proud. Rice has played a central role in the club’s development over the past year, helping to shape its direction following the ownership change. His move to become a shareholder formalises that influence. The club’s revised ownership structure sees Feliciana EFL Limited hold 80 per cent, Rice 10 per cent, and the Supporters Trust retain 10 per cent, ensuring continued fan representation. The share transfer has been approved by the club’s board and the relevant football authorities. On the pitch, Wanderers have remained competitive in League One since relegation from the Championship in 2021, finishing in the top half in each of the last five seasons, including two play-off campaigns. The current board have made clear their ambition to return to the Championship, with a longer-term aim of reaching the Premier League. Founded in 1887, Wycombe spent much of their history in non-league football before entering the Football League in 1994 under Martin O’Neill. Their 2020/21 season remains their only campaign in the second tier. Wycombe’s league finishes since relegation from the Championship include 6th in 2021/22, 9th in 2022/23, 10th in 2023/24, 5th in 2024/25, and 11th in 2025/26. Mike Dodds was sacked and Michal Duff hired in the 2025/26 season. The club is looking to improve their performance and achieve their goals with the new ownership structure in place.