diff --git a/versions/admin.py b/versions/admin.py
index d9d48fcc..d59c05d7 100755
--- a/versions/admin.py
+++ b/versions/admin.py
@@ -30,7 +30,6 @@ class VersionAdmin(admin.ModelAdmin):
     search_fields = ["name", "description"]
     date_hierarchy = "release_date"
     inlines = [VersionFileInline]
-    filter_horizontal = ["financial_committee_members"]
     change_list_template = "admin/version_change_list.html"
 
     def get_urls(self):
diff --git a/versions/migrations/0021_remove_version_financial_committee_members_and_more.py b/versions/migrations/0021_remove_version_financial_committee_members_and_more.py
new file mode 100644
index 00000000..0a78d545
--- /dev/null
+++ b/versions/migrations/0021_remove_version_financial_committee_members_and_more.py
@@ -0,0 +1,34 @@
+# Generated by Django 4.2.16 on 2025-07-12 00:34
+
+from django.db import migrations, models
+
+
+class Migration(migrations.Migration):
+
+    dependencies = [
+        ("versions", "0020_decouple_report_configuration_migration"),
+    ]
+
+    operations = [
+        migrations.RemoveField(
+            model_name="version",
+            name="financial_committee_members",
+        ),
+        migrations.RemoveField(
+            model_name="version",
+            name="release_report_cover_image",
+        ),
+        migrations.RemoveField(
+            model_name="version",
+            name="sponsor_message",
+        ),
+        migrations.AlterField(
+            model_name="reportconfiguration",
+            name="version",
+            field=models.CharField(
+                help_text="The version name for this report configuration. e.g. boost-1.75.0",
+                max_length=256,
+                unique=True,
+            ),
+        ),
+    ]
diff --git a/versions/models.py b/versions/models.py
index 34928dc1..9636bbac 100755
--- a/versions/models.py
+++ b/versions/models.py
@@ -7,6 +7,7 @@ from django.utils.text import slugify
 
 from .converters import to_url
 from .managers import VersionManager, VersionFileManager
+from .utils.model_validators import validate_version_name_format
 
 User = get_user_model()
 
@@ -37,21 +38,7 @@ class Version(models.Model):
         "beta release or a development version",
     )
     data = models.JSONField(default=dict)
-    release_report_cover_image = models.ImageField(
-        null=True,
-        blank=True,
-        upload_to="release_report_cover/",
-    )
-    sponsor_message = models.TextField(
-        default="",
-        blank=True,
-        help_text='Message to show in release reports on the "Fiscal Sponsorship Committee" page.',  # noqa: E501
-    )
-    financial_committee_members = models.ManyToManyField(
-        User,
-        blank=True,
-        help_text="Financial Committee members who are responsible for this release.",
-    )
+
     objects = VersionManager()
 
     def __str__(self):
@@ -296,6 +283,7 @@ class ReportConfiguration(models.Model):
         blank=False,
         help_text="The version name for this report configuration. e.g. boost-1.75.0",
         unique=True,
+        validators=[validate_version_name_format],
     )
     release_report_cover_image = models.ImageField(
         null=True,
diff --git a/versions/utils/model_validators.py b/versions/utils/model_validators.py
new file mode 100644
index 00000000..5bb5c400
--- /dev/null
+++ b/versions/utils/model_validators.py
@@ -0,0 +1,18 @@
+import re
+
+from django.core.exceptions import ValidationError
+
+
+def validate_version_name_format(value: str) -> None:
+    """
+    Validate that the version name follows the format 'boost-X.Y.Zw' where X, Y, and Z
+     are integers and w is freeform.
+    """
+    if value in ["master", "develop"]:
+        return
+    if not re.match(r"^boost-[0-9]+\.[0-9]+\.[0-9]+[.\-a-zA-Z0-9]*$", value):
+        raise ValidationError(
+            f"Invalid version name format: '{value}'. "
+            "Expected format is that it begins with 'boost-X.Y.Zw' where X, Y, and Z "
+            "are integers and w is free form."
+        )