Billionaire rivals Wrexham and Birmingham with takeover of League One club

05 May 2024 , 14:39
603     0
Wycombe could benefit from the extra influx of cash ahead of the next season
Wycombe could benefit from the extra influx of cash ahead of the next season

WYCOMBE WANDERERS have been taken over by a Kazakhstan billionaire.

Mikheil Lomtadze’s Blue Ocean Partners Ltd has purchased 90 per cent of the club that was owned by American businessman Rob Couhig since 2022.

Mikheil Lomtadze has bought 90 per cent of Wycombe eiqrtithiqtkprw
Mikheil Lomtadze has bought 90 per cent of WycombeCredit: AFP
He will rival Ryan Reynolds' Wrexham next season
He will rival Ryan Reynolds' Wrexham next seasonCredit: Getty
Wycombe finished 10th in League One
Wycombe finished 10th in League OneCredit: PA

Lomtadze, 48, is worth £4.54billion and is the 532nd richest person in the world.

He is the founder and CEO of a leading tech company Kazakh-based Kaspi.kz.

The purchase of the club has been described as a "game changer" by PwC.

Ex-Premier League star, 39, declared bankrupt after racking up £1m debtsEx-Premier League star, 39, declared bankrupt after racking up £1m debts

Wycombe fans will hope that his arrival at the club can help them climb up the English football ladder.

Lomtadze said: "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."

CASINO SPECIAL - BEST CASINO WELCOME OFFERS

Wycombe finished 10th in League One and face another tough season to gain promotion next season.

Tom Brady's Birmingham City, Huddersfield and Rotherham dropped into the division from the Championship.

While ambitious Wrexham gained promotion from League Two thanks to the help from Hollywood owners Ryan Reynolds and Rob McElhenney.

Couhig has insisted that Lomtadze shares his values and is excited for the future of the club.

Gangsters who killed two teens in notorious shooting still at large 20 years onGangsters who killed two teens in notorious shooting still at large 20 years on

He said: “I am excited for the future of Wycombe Wanderers

"Last year, I announced that I had begun looking at a possible succession plan for our ownership.

"Since then, I met with a significant number of well qualified people. Last fall, Mikheil and I met and decided to explore his potential role with the club.

"It was apparent from that first meeting that Mikheil and I shared similar values of speaking directly and honestly with each other.

"I came to understand that his goals for the club were similar to mine.

"Important to me, although often separated by a 12-hour time difference, we became friends.

"The logical conclusion to those discussions was culminated today with the transfer of Feliciana EFL Limited to his company.

“The board of Wycombe Wanderers Football Club will have three new directors, Mikheil, Eduard Vyshnyakov, and Daniel Rice.

"The board has asked me to convey its and the Wanderers family’s appreciation for the great work that Missy Couhig and Pete Couhig have done for the Club and community since June 2019.

"As for me, Mikheil has asked and I have agreed to continue as Chairman during the transition of ownership. Please join me in welcoming Mikheil, Eduard and Dan to the club."

Henry Tomlinson

Wrexham AFC, Birmingham City, Birmingham, Net worths, League Two, League One, Championship, Ryan Reynolds

Read more similar news:

02.01.2023, 23:34 • Crime
Two men appear in court charged with murdering footballer in nightclub
03.01.2023, 12:49 • Tech
Supercar wedding procession worth £10m turns road into Fast & Furious
03.01.2023, 22:54 • Crime
Crook tries to hold up bank wearing Marigolds - but is caught yellow-handed
04.01.2023, 11:09 • Crime
Two men charged with stabbing footballer, 23, to death in nightclub facing trial
04.01.2023, 17:19 • Sport
Ex-Middlesbrough boss Aitor Karanka appointed Maccabi Tel Aviv manager
04.01.2023, 17:46 • UK News
We’re baffled after our council put up SIXTY bollards outside our kids’ school… it’s an absolute eyesore
05.01.2023, 23:39 • Money
Shoppers horrified as silver lid for Heinz bottle on sale for eye-watering sum
06.01.2023, 13:54 • Sport
Fans stunned as Birmingham City announce signing with hilarious Home Alone video
07.01.2023, 14:50 • Tech
I rent out £350k 'Fast & Furious' supercars - here's who I won't let hire them
08.01.2023, 21:00 • Crime
Comedy saved me from being a knife-wielding gangster, says DOI's Darren Harriott