Wycombe under transfer embargo for failing to file accounts
League One Wycombe Wanderers have been placed under a transfer embargo after failing to file their accounts on time. Wanderers playing down the temporary embargo, which relates to their accounts for the year ended June 30 2011.
A statement on Wycombe's official website read: "The accounts were scheduled to be filed with Companies House and the Football League by Saturday March 31 but have been delayed due to the imminent sale of Adams Park tenants London Wasps. Because of the uncertainty surrounding Wasps, the club have been unable to finalise the budget for the forthcoming season.
"This means the club has been placed under a temporary transfer embargo but this should have no effect due to the transfer and loan window being closed. The embargo will be lifted once the accounts have been filed and the audit has been completed. The club would like to reassure supporters that the matter will be resolved in the coming weeks."
Wycombe Wanderers Trust, meanwhile, have announced that David Roberton and Don Woodward have both resigned their positions as supporters trust directors on Wycombe's board as a result of the club's failure to lodge its accounts.