Following the very successful open meeting for Imps supporters to meet manager David Holdsworth and players, Lincoln City Supporters’ Trust members had an opportunity to raise any questions or concerns with members of the Trust board.
Inevitably the main focus of the evening was the recent new investment into the football club and the changed arrangements involving setting up a holding company.
Trust Chairman Chris Ashton gave members a resume of Trust involvement and the challenges faced by every board member in coming to a decision but confirmed that independent legal and financial guidance had been taken and that discussions involving the Trust board had taken place in a very short time frame under a confidentiality agreement.
Chris confirmed that without the new investment the club would have been in a very difficult financial position by March 2012. He clarified that the only role of the holding company is to hold shares in Lincoln City Football Club and that the board of the holding company is likely to meet just once a year. The Trust representative on the board of the holding company will be appointed in accordance with the rules of the Trust and is an issue for the next Trust board meeting.
The members present supported the actions taken by the Trust board.
Elected Supporter Director David Beck thanked members for giving their views on the possibility being considered by the club of closing parts of Sincil Bank for the 2012/13 season and was able to announce that this input had enabled the Trust to obtain agreement that all of the ground will be open next season – a decision which delighted many members.
Members were asked to let the Trust board have their views on ticket prices for 2012/13 by e-mailing info@impstrust.co.uk
The meeting concluded with a discussion about the home and away shirts with a majority wanting to see a return to the traditional red and white stripe for the home shirt but there were mixed views concerning the away shirt.