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Lincoln City Set for Ron Fowler Takeover Pending EFL Clearance

EFL approval depends on verified suitability plus proof of funds before Liquid Investments crosses the 25% control threshold.

Overview

  • Lincoln’s board approved on 11 December a plan for Liquid Investments to lift its stake above 25%, a level the EFL classifies as control.
  • Fowler would become chairman and assume near-term funding responsibilities, with money already earmarked for projects at LNER Stadium.
  • Arizona-based Harvey Jabara would be replaced as majority shareholder if the deal passes league checks, while Clive Nates shifts to co‑vice chairman alongside Jay Wright.
  • The club says the process has been smooth with no effect on January transfer plans, with a full update expected within two weeks once the EFL process concludes.
  • Lincoln’s latest accounts show record turnover of £8.5m, a loss just under £2.9m, and £3.6m in shareholder support as the team sits second in League One.