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Page last updated at 10:25 GMT, Wednesday, 23 April 2008 11:25 UK

Lincoln board aim to issue shares

Steff Wright
Chairman Steff Wright hopes to raise more money for the club

Lincoln City's board are expected to agree on Thursday to call a meeting of shareholders to approve issuing new shares in the club.

At the last two Annual General Meetings a special resolution aimed at making more shares available has been blocked.

The board are now confident of success as current director Chris Travers has bought former director Ray Trew's holding in the club.

The board need to get 75% of the vote to carry a special resolution.

Potentially the issuing of shares could lead to additional money coming into the Imps and being made available for manager Peter Jackson to strengthen his squad.


see also
Lincoln chairman wary of takeover
02 Aug 06 |  Lincoln City
Imps success brings unusual bonus
26 Mar 08 |  Lincoln City


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