February 15, 2023 6.00 pm
This story is over 23 months old
More American investment for Lincoln City
Initial six-figure investment into the football club
Lincoln City investors Pablo Webster (second, left), Brian Anderson (second right) Evan Mitz (far right) attend the Sky Bet League One clubs game at Bolton Wanderers on Saturday 1 October 2022. Also pictured is the club’s director of football Jez George (far left). |
Photo: Chris Vaughan / Lincoln City
Lincoln City are to be the welcome recipient of more investment from the United States, as a consortium of sports professionals offer up six-figure backing for the football club.
The group investing in Lincoln City consists of Pablo Webster, Evan Mitz and Brian Anderson, who all have strong professional football backgrounds in the United States of America.
Pablo is a former professional soccer player who transitioned into investment banking following his early retirement due to injury.
Evan is the chief operating officer at MLS Next Pro expansion side Carolina Core FC, while Brian is a partner and head of the Sports Group at an international law firm.
After the three met as members of the U.S. Soccer Federation Development Council, they served as ambassadors and raised donations for programs to accelerate the development of elite players and coaches.
The initial six-figure investment into Lincoln City Holdings, which will grant WMA Sports Ventures access to board representation at the club, is subject to the EFL’s fit and proper ownership checks.
Harvey Jabara (left) and his associate Graham Rossini (right) will join the board of directors at Lincoln City – just under two years after the Jabara family first invested into owning a stake of the club. | Photo: Lincoln City FC
It comes after fellow American Harvey Jabara invested into Lincoln City back in 2021, before steadily increasing his stake and eventually joining the Imps’ board of directors in February of this year.
WMA Sports Ventures have expressed interest in the Imps for a while now, having been spotted at the University of Bolton Stadium, watching Lincoln take on Bolton Wanderers in League One back in October 2022.
Evan said “Our WMA group includes an outstanding group of our friends and family who share our respect for the history of Lincoln City and want to join us on this journey.”
Pablo said: “We discovered we have a shared passion for investing in professional soccer.”
Brian said: “We investigated dozens of European clubs for more than a year and Lincoln City is the clear standout in terms of leadership, community, values, and long term strategic plan and ambition.”
“This is a long-term investment into the club, where we want to add value to the existing investor group and management team.”
Lincoln City chairman Clive Nates said: “We have partnered with WMA to help drive the club forward and we’re excited to welcome Pablo, Evan and Brian as we seek to create a sustainable and successful club with more exciting seasons ahead for all involved with the Imps.”
The Lincolnite welcomes your views. All comments are reactively-moderated and must obey the house rules. Please stay on topic and be respectful of other readers.
Exciting news for MyLocal app users and The Lincolnite readers! Our latest update is now available to download from your app store and comes packed with the best local news experience you can enjoy.
Revamped News Feed: Enjoy faster loading times and smoother scrolling that make catching up on local news a breeze.
New Play Video Feed: Dive into a dynamic video feed that brings local stories to life in a whole new way.
Enhanced In-App Browser: Access external links quickly and efficiently, right from the app, without any distractions.
Update your MyLocal app from your app store (version 2.73) now and start enjoying these great new features today!
P.S.: Start your MyLocal membership today to support MyLocal and The Lincolnite deliver you a better local news experience and honest journalism from across Lincolnshire.
P.P.S.: We have some huge things in the pipeline, stay tuned!
Exciting news for MyLocal app users and The Lincolnite readers! Our latest update is now available to download from your app store and comes packed with the best local news experience you can enjoy.
Revamped News Feed: Enjoy faster loading times and smoother scrolling that make catching up on local news a breeze.
New Play Video Feed: Dive into a dynamic video feed that brings local stories to life in a whole new way.
Enhanced In-App Browser: Access external links quickly and efficiently, right from the app, without any distractions.
Update your MyLocal app from your app store (version 2.73) now and start enjoying these great new features today!
P.S.: Start your MyLocal membership today to support MyLocal and The Lincolnite deliver you a better local news experience and honest journalism from across Lincolnshire.
P.P.S.: We have some huge things in the pipeline, stay tuned!