https://x.com/GasmanCOTN/status/2047611635288641761
For anyone interested, Paul Lewis (Chariboys on the Net) has posted the following on X:
“Feliciana EFL, the parent company of Wycombe Wanderers, have published micro‑accounts for the year ending 31 July 2025. They show creditors due within one year of over £45m and net liabilities of £25m.”
Download :
https://find-and-update.company-information.service.gov.uk/company/11808771/filing-history
Should I be having a panic attack about this?
Are Feliciana EFL the parent company of Wycombe Wanderers? I thought Lommy’s group were called Blue II Ocean or something.
Yes. But Lommy’s Blue Ocean is now the controlling entity behind Feliciana now rather than Couhig.
Not until net liabilities reach £1 billion!
That’s a relief. Spaff on Lommy!
Thank you. I’d assumed Lommy bought the football club from FEFL rather than buying FEFL.
I wonder why the company’s called Feliciana?
I don’t know, but maybe it’s a worry it’s an anagram of FINANCE LIE?
Unrelated i’m sure.
Don’t worry about the money.
Apparently it’s an ‘historic’ area in Louisiana, where Rob Couhig is from.
It’s known as “happy land”.
Meanwhile football continues to exist in financial la la land.
Whilst those liabilities are veering towards eye watering, without the added detail that a full set of accounts would provide we just do not know what the structure of the loan elements are.
Some of the £45m will relate to payments owing on things like the Marlow Road development, perhaps the purchase of Farnham, but also the current element of loans from ML. By the same token we have no detail on the significant jump in both fixed & current asset values, but can certainly guess that a big chunk of the former relates to the Marlow Road training ground.
Do these raise more questions than they answer - Yes they do.
Would a full set of accounts including notes make us feel less worried - Possibly.
‘No boss, i can check my notes but I’m pretty sure we definitely said it would be £90 million to get out of League 1…’
