June 17, 2021 4.02 pm
This story is over 12 months old
Future looks bright! American investors take stake in Lincoln City
The Jabara family also own part of a Major League Baseball team
Harvey Jabara (left) has become a shareholder in the club, and Landon Donovan (right) will join as strategic advisor. | Photo: Lincoln City Football Club
Lincoln City Football Club have been handed a huge financial boost, as the U.S. based Jabara family have become shareholders of the League One side.
The investment has been headed up by Harvey Jabara, an investment executive from Phoenix, Arizona who is a keen lover of sport.
He is the managing member of Olive Management LLC, a family office investment firm, but perhaps most excitingly, he is also a minority member of the consortium that owns Major League Baseball team the San Diego Padres.
He will join the existing group of shareholders in Lincoln City Holdings, which owns 75% of the football club, along with his wife Missy and two sons Jaxon and Jensen.
Harvey Jabara told BBC Radio Lincolnshire that the initial investment would be “high six-figures” and is for a 9% equity in the club.
As well as this, USA legend Landon Donovan, arguably the country’s most famous player ever, will be joining the Imps as a strategic advisor.
He will be working with the board to enhance the club’s networking and relationships across the pond within North America.
It is sure to stand the club in good stead for the foreseeable future, and the news comes on the same day that Virgin Wines were announced as the first of five front of shirt sponsors for next season’s home kit.
Virgin Wines will be one of five sponsors to go on the front of the shirt next season. | Photo: Lincoln City FC
Chairman Clive Nates said: “We are delighted to welcome Harvey, Landon and the Jabara family to Lincoln City Football Club.
“We are continually on the lookout for like-minded people to join our current group of investors to assist with the ongoing development of the Club financially, and also importantly, contribute their knowledge and acumen.
“We have been talking to Harvey and Landon for some time now, but right from the initial meetings, it was clear to see we were aligned in our vision and values for the club.
“Landon has for some time been assisting his close family friend Harvey on finding the right club to partner. It is great for all that we can also benefit from Landon and his vast experience.
“I am sure all Imps fans will join me in welcoming Harvey, Missy, Jaxon, Jensen, and Landon to Lincoln City Football Club.”
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Drivers in Lincoln will face nearly a fortnight of disruption when electrical works cause a road closure on Skellingthorpe Road from next week (July 11).
Western Power Distribution will install a new electricity connection for a new primary school on Skellingthorpe Road.
The county council has been constructing a new 130-place school on the site of the former Priory Witham Academy Junior School, which will be for St Christopher’s primary-aged pupils.
As a result, Skellingthorpe Road will be closed between Tritton Road and Boultham Park Road between July 11 and July 22.
This is to ensure the safety of engineers and local people while work is taking place.
A diversion will be put in place via Tritton Road, Doddington Road and Newark Road.
Western Power Distribution said: “We apologise for any inconvenience caused while we complete this essential new connection.”
We are investigating a road traffic collision which happened just after 5pm today.
The crash happened on the A15 just south of Waddington and involved a black Peugeot 208 that collided with a tree. The driver of the car, a 56-year-old male, was taken to hospital with serious injuries.
The A15 was closed just before 6pm and is likely to remain closed for some time.
We are particularly keen to hear from those who were driving along the A15 this afternoon between 4pm and 5:10pm and may have captured dashcam footage of the road during the collision.
If you have dashcam footage or any other information that will assist in our enquiries, there are a number of ways you can get in touch.
By calling 101 quoting incident 285 of 4 July.
By emailing [email protected] quoting incident 285 of 4 July in the subject line.
If you wish to remain anonymous, you can report via the independent charity CrimeStoppers on 0800 555 111 or online.
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