Ex-Padres co-owner Fowler to take Lincoln controlling stake
Briefly

Ex-Padres co-owner Fowler to take Lincoln controlling stake
"Fowler, whose son Andrew is also involved in the club, will take on the position of chairman at LNER Stadium and will "assume responsibility for the funding of the club for the immediate future". The ownership shake-up at Lincoln, who are second in the table, was confirmed as a "future development" in the club's annual accounts covering the 12 months up to June 2025."
""Acquiring 25% or more of the share capital is regarded by the EFL as acquiring control and consequently Liquid Investments Inc will need to demonstrate they are eligible to acquire control and are able to and will provide the necessary funding to ensure the club can continue to operate post-acquisition," the club noted in its report. Fowler will take on responsibility for a promotion-chasing club that reported a loss of just under 2.9m relating to the 2024-25 season."
Ron Fowler is set to take a controlling stake in Lincoln City after buying a minority interest in April 2024 and proposing to increase his holding through Liquid Investments to more than 25%, a move approved by the club's board on 11 December. Fowler's son Andrew is also involved. Fowler will become chairman at LNER Stadium and assume responsibility for funding the club immediately, with planned funding earmarked for various stadium projects. The EFL treats a 25%+ shareholding as control and requires Liquid Investments to demonstrate eligibility and ability to fund operations post-acquisition. Lincoln were second in the League One table and reported a near-£2.9m loss for 2024-25.
Read at www.bbc.com
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