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Lincoln City Accounts

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pen penfras
January 29, 2022, 2:14pm

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Quoted from NorfolkImp
The figure of £1.4m looks far worse than it actually is … it doesn’t include £900k of investment from the USA and £500k (allegedly) from the sale of Tayo Edun to Blackburn.

Gates have held up remarkably well considering we’ve only won 3 home games in 13. The incomings during the January window namely Marquis (Portsmouth) Whittaker & Cullen (Swansea) have fitted in well, plus our 4 first choice Central Defenders have been injured (Walsh, Jackson, Eyoma & Montsma) as is club captain and pivotal player Bridcutt. Ben House (Eastleigh) and Charley Kendall (Eastbourne) are interesting permanents too.

A mid-table finish will be more than acceptable this term, but the future is definitely still very bright, as beating Sunderland 3-1 at the Stadium of Light shows.

Will be interesting to see the financial state of the rest of this division when their accounts are released.


I don't think Lincoln are heading to the Championship any time soon. How long do you think people will keep investing millions of pounds for a lower half L1 team? I'd be very worried that fans will drop off next season and you'll have problems if they do, but to be fair they've held up well despite poor form so far.

Not sure how much further you think Lincoln can go than mid table finishes. There's a lot of very big clubs in that division and you surely can't expect to compete with them long term on 8k crowds...
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Limerick Mariner
January 29, 2022, 3:07pm
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Quoted from NorfolkImp
The figure of £1.4m looks far worse than it actually is … it doesn’t include £900k of investment from the USA and £500k (allegedly) from the sale of Tayo Edun to Blackburn.

Gates have held up remarkably well considering we’ve only won 3 home games in 13. The incomings during the January window namely Marquis (Portsmouth) Whittaker & Cullen (Swansea) have fitted in well, plus our 4 first choice Central Defenders have been injured (Walsh, Jackson, Eyoma & Montsma) as is club captain and pivotal player Bridcutt. Ben House (Eastleigh) and Charley Kendall (Eastbourne) are interesting permanents too.

A mid-table finish will be more than acceptable this term, but the future is definitely still very bright, as beating Sunderland 3-1 at the Stadium of Light shows.

Will be interesting to see the financial state of the rest of this division when their accounts are released.


But what are the average walk-up sales per game averaging after deducting ST holders and away fans - 1,500? If so they are lower than our average walk-ups this season which will be circa 2k+ (but starting to fall rapidly now). ST sales next season after a moderate finish this season will be the acid test. You'll still be ahead of us and Scunny combined mind.

Look forward to the day we'll meet again in the League one sunny day...
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mariner91
January 29, 2022, 5:39pm
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Quoted from HerveJosse
Pretty impressive in the circumstances.
£5.1 m turnover covering a season when there where no spectators and no mat day commercial revenue.
There ownership model of having a large number of local business owners  and businesses as investors has produced around £10m share capital to fund the club and much larger commercial revenue then our model of one or two controlling owners .


With their South African majority share holders.
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jamesgtfc
January 29, 2022, 5:40pm
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Quoted from mariner91


With their South African majority share holders.


And American investors; maybe the Americans are from Lincoln, Nebraska?
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Mariner_501
January 29, 2022, 5:45pm
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Incredibly jealous of Lincoln tbh. Hopefully one day it will be us again
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mariner91
January 29, 2022, 5:55pm
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Quoted from NorfolkImp
The figure of £1.4m looks far worse than it actually is … it doesn’t include £900k of investment from the USA and £500k (allegedly) from the sale of Tayo Edun to Blackburn.

Gates have held up remarkably well considering we’ve only won 3 home games in 13. The incomings during the January window namely Marquis (Portsmouth) Whittaker & Cullen (Swansea) have fitted in well, plus our 4 first choice Central Defenders have been injured (Walsh, Jackson, Eyoma & Montsma) as is club captain and pivotal player Bridcutt. Ben House (Eastleigh) and Charley Kendall (Eastbourne) are interesting permanents too.

A mid-table finish will be more than acceptable this term, but the future is definitely still very bright, as beating Sunderland 3-1 at the Stadium of Light shows.

Will be interesting to see the financial state of the rest of this division when their accounts are released.


What does a 2-1 loss at home to midtable Burton Albion show?
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ginnywings
January 29, 2022, 6:30pm

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Quoted from mariner91


What does a 2-1 loss at home to midtable Burton Albion show?


That Sunderland are pants. They lost 6-0 today, so Lincoln winning there wasn't the great result it appears.

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NorfolkImp
January 30, 2022, 7:55am
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Quoted from ginnywings


That Sunderland are pants. They lost 6-0 today, so Lincoln winning there wasn't the great result it appears.



Well winning away to a club that size and with that history with 30k inside, just like last season in the Play-off semis, is still something to ‘pinch yourself’ about …. in comparison to losing to the likes of Bromley of course.

I’ll settle for being an established ‘3rd Tier’ as quite frankly The Championship looks far too expensive to compete in, for a club of our size.




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Hagrid
January 30, 2022, 9:23am

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Didnt realise Lincoln signed Marquis. Good player
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Swansea_Mariner
January 30, 2022, 10:24am
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Blimey remember when we used to beat Sunderland fairly regularly in the 90s  
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