Lincoln City Holdings disclosed earlier this week at Companies House, details of a further investment of £355,000 in the company.
The necessary formalities were confirmed at the recent board meeting held on 13 February. This represents a planned ongoing annual investment from Sportvest Capital LLP into Lincoln City. Sportvest first invested into the club in February 2016 and has now invested in excess of £1.5million. All funds invested by Sportvest, similar to all other investment, has been through equity and consequently there are no amounts owing to any directors or investors. All funds held in Lincoln City Holdings are liquid and available to be invested in the club when required.
Lincoln City Vice Chairman, Roger Bates, said that the recent injection of funds is an indication of the ongoing commitment that Sportvest Capital LLP have shown to The Imps.
“After their original investment into the club just over three years ago, Sportvest have shown an unswerving determination to see the club progress both on and off the field.
“Their expertise has been invaluable to that progress, playing a significant part in moving the club forward, and this latest investment only serves to further demonstrate their continued commitment to the future of Lincoln City Football Club.”
