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Club News

Club CEO

19 July 2013

Club News

Club CEO

19 July 2013

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The Board of Directors can confirm that the post of CEO at Lincoln City Football Club has been made redundant and as a result Steve Prescott will no longer be employed by the Club.

In his two years plus as Club CEO Steve played a tremendous part in ensuring the survival and well being of Lincoln City Football Club in what has been one of the most turbulent times in the Club's recent history.

His steadfast and meticulous approach has resulted in the relatively stable environment the Club finds itself in today and we thank him for his contribution in bringing this about.

We wish Steve every success in his future projects and there will always be a warm welcome waiting for him when he visits Sincil Bank.

"Becoming the CEO at Lincoln City in March 2011 was undoubtedly the proudest moment of my career," says Steve.

"Although my tenure coincided with two of the most challenging years in the Club's history, it was my privilege to serve the Club that I have supported since buying my first season ticket at the age of 13. 

"As the Club were relegated from the Football League only eight weeks following my appointment, my primary role changed from 'Business Development' to 'Change Management' and my objectives were to reduce the Club's operating costs and stabilise the Club's finances to help ensure its survival in the short term.

"The Club's operating loss in 2010/11 in the Football League was £484,000, and despite suffering a £1 million reduction in turnover the following season, we reduced the operating loss to £230,000, cleared all of our debts to other football clubs and reduced monies owed to our trade creditors by 40%. This was a remarkable performance, and will be followed up with a similar performance in 2012/13. 

"These results are a testament to the hard work and dedication of the Club's fantastic staff, who I will miss enormously, the Chairman and the Board of Directors who give so much to the Club for no return, and of course the fans who have stood by the Club despite the team's desperately poor run of results over the last few years.

"Although I am extremely sad to be leaving the Club, I fully understand why the Board feel that they had to take the decision to make the position of CEO redundant and they continue to have my total support

"I genuinely feel that the appointment of Gary Simpson will be the catalyst that will see the Club start to move forward once again, however it will take time and we will need to be patient as there will no doubt be ups and downs along the way.

"I would like to wish everyone connected to Lincoln City a happy and successful 2013/14 season and I am looking forward to returning to the stands to support the team as a fan. Up The Imps!" 

The Board have kept all staff informed of the developments with regards to the CEO's position being made redundant and are currently finalising the restructure needed.


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