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Nates rebuffs 'bust up' rumours

Nates rebuffs 'bust up' rumours

Major Lincoln City investor Clive Nates has been quick to quash speculation of a 'bust up' between him and his fellow directors at Sincil Bank after comments appeared on social media suggesting he was considering withdrawing his finances from the club.

The South African responded to wild accusations on a Grimsby Town message board that he was pulling the plug on his investment and was keen to reaffirm his commitment to the club, telling Vital Lincoln: 'Firstly there is no possibility of me ever withdrawing my funding as all the investment has been made by way of shares. The only way out for me and my friends would be to find a buyer for those shares.

'I am fully committed to Lincoln City both in terms of future funding and effort. We are working extremely hard to make the necessary improvements that will allow us to be competitive in League Two next season as well as provide the foundations to enable the club to make further progress in the years ahead. The achievements of Danny, Nicky and the team last season have provided us with an incredible chance to take our club forward and we need to make the most of what might be a once in a lifetime opportunity.

'As there is no longer a dominant shareholder controlling the club there will be times when a fully empowered Board will have disagreements. I see robust discussions and different opinions as being part of a healthy organisation.'

The South African also had positive news for fans worried over a lack of summer arrivals, adding: 'I am hopeful there will be some new signings for us to get excited about in the coming days.'


Click here to join in the debate on the club forum.

Writer:The Imposter
Date:Wednesday June 14 2017
Time: 9:39AM

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