Lincoln post losses of £2m!!

Quoted from Les Brechin

https://www.weareimps.com/news/2023/january/lincoln-city-release-annual-accounts/

There were rumours of some funding being pulled. Anecdotal 'evidence' was us being able to get Croudson back and the fact we allegedly matched Lincoln's offer to Fox before Northampton blew us all out of the water.

Do they need to lighten the player bill then?

If so  is that where the many rumours about their 2 players is staying live on here ?

Did anyone on here have prior of the impending loss?

Certainly we have had to cut our cloth accordingly.
The losses have been covered and will be covered by additional funding.

Very difficult when Teams such as Wednesday, Bolton, P'Mouth, Derby, Ipswich, Peterborough and Charlton etc etc have budgets of 10 million plus are in the same division - I think it must be the strongest ever L1 I have known - I think Debt is inevitable.

We are also getting more money from the American family that invest - However, to be competitive in League one is getting impossible. Need a cup run, be lucky otherwise you are batting to avoid the bottom 4.

Genuine questions - What guarantees are in place for this funding to continue to bankroll the club? Because those are hefty weekly losses if someone decides to cut their losses at some point.

Also, what's in it for the American investors? Football isn't a money making business for investors, so they must have something to gain from it?

Quoted from nealeardleyscrossing

Certainly we have had to cut our cloth accordingly.
The losses have been covered and will be covered by additional funding.

Very difficult when Teams such as Wednesday, Bolton, P'Mouth, Derby, Ipswich, Peterborough and Charlton etc etc have budgets of 10 million plus are in the same division - I think it must be the strongest ever L1 I have known - I think Debt is inevitable.

We are also getting more money from the American family that invest - However, to be competitive in League one is getting impossible. Need a cup run, be lucky otherwise you are batting to avoid the bottom 4.

Did you see that Blackpool have sacked Appleton?

https://www.bbc.co.uk/sport/football/64317051

Quoted from nealeardleyscrossing

Certainly we have had to cut our cloth accordingly.
The losses have been covered and will be covered by additional funding.

Very difficult when Teams such as Wednesday, Bolton, P'Mouth, Derby, Ipswich, Peterborough and Charlton etc etc have budgets of 10 million plus are in the same division - I think it must be the strongest ever L1 I have known - I think Debt is inevitable.

We are also getting more money from the American family that invest - However, to be competitive in League one is getting impossible. Need a cup run, be lucky otherwise you are batting to avoid the bottom 4.

Alot of clubs in a lower bracket though  Fleetwood, FG, Morcambe, Burton, Shrewsbury, Accy Wycombe; I know alot of them are rattling round the bottom at the moment but they survived and better in previous seasons. Mind I don't know what cash is being put into these clubs to keep them going at L1 level

You've a better ground than us and with the away end at SB being expanded you'll get a bit more revenue from the likes of Wednesday. If Lincoln struggle to survive, it would be haarder for us with our effective capacity at about 8.4k and only 1200 for away fans.

League One can't be that briliant seeing as we stuffed the leaders 5-1 a few weeks back.  

Quoted from Limerick Mariner

Alot of clubs in a lower bracket though  Fleetwood, FG, Morcambe, Burton, Shrewsbury, Accy Wycombe; I know alot of them are rattling round the bottom at the moment but they survived and better in previous seasons. Mind I don't know what cash is being put into these clubs to keep them going at L1 level

You've a better ground than us and with the away end at SB being expanded you'll get a bit more revenue from the likes of Wednesday. If Lincoln struggle to survive, it would be haarder for us with our effective capacity at about 8.4k and only 1200 for away fans.

I don't know how, but we're going to have to expand our capacity if we want to progress properly, and not superficially like Fleetwood, FGR etc have.

Issued £2.7m new shares for cash in year so losses more then covered and no debt generated.
I think when our accounts are published we will find that’s approximately £2.7m more then us.