NEXT HOME GAME - TBC
NEXT AWAY GAME - SUPPORTERS XI ARE PLAYING WORCESTER AT MALVERN ON SUNDAY AUGUST 3rd AT 3.00pm

Friday, November 19, 2010

Lincoln Debts Up To £3.4million

Lincoln have released financial information to their shareholders showing that the club lost nearly £200,000 in the year to the end of June 2010.

The £199,257 loss means the Imps now have over £3.4million of debt on their books, with that figure likely to increase if their current on-field woes continue.

The accounts cite a change of management, falling gates, and a lack of investment for the loss - all things that have already occured this term - and that the losses were only stemmed by an FA Cup run and subsequent TV money.

The Imps disposed of Northwich on TV last season before travelling to Bolton for a Third Round game, with the hopes of a similar financial boost pinned on facing the Bulls in a week for a shot at a big draw, while gates at Sincil Bank are down by 17% so far this season.