Wycombe have expressed their disappointment after deciding to close the club's centre of excellence.
The decision, taken in conjunction with the Wycombe Wanderers Trust, comes after Football League clubs voted in favour of the Elite Player Performance Plan (EPPP).
"Due to the club's financial limitations, together with the increased demands of the EPPP, the club and the Trust - who are finalising a takeover deal - feel it will no longer be able to sustain youth development at any age level going forward," the club said via a statement. "Whilst the current centre of excellence structure requires significant backing to operate each year, the new EPPP rules would demand increased investment to meet new criteria.
"Wanderers were opposed to the EPPP from the outset, voting against the proposal in October. The long-term stability of the club is the number one priority and all resources are going towards ensuring the club is financially secure. Both parties understand this is extremely disappointing news, but it was unavoidable in ensuring the club becomes sustainable.
"The club will do all in its power to assist in helping players find new teams, whilst also reserving the opportunity to offer professional contracts to selected scholars. The club would like to express its sincere gratitude to the staff, who will now be leaving as a consequence."
Wycombe handed professional debuts to the likes of Roger Johnson (Wolves), Matt Phillips (Blackpool), Jordon Ibe (Liverpool) and Kadeem Harris (Cardiff), while in the current squad Matt McClure, Jesse Kewley-Graham, Anthony Stewart, Josh Scowen and Charles Dunne have also all come through the ranks at Adams Park in the last two years.
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