A former executive chairman and co-owner of Major League Baseball side the San Diego Padres is set to take a controlling stake in League One Lincoln City.
American Ron Fowler initially bought a minority interest in third-tier Lincoln in April 2024, and he is now poised to replace Arizona-based Harvey Jabara as the majority shareholder if his bid is cleared by the English Football League.
Lincoln’s board approved a proposal from Fowler to increase his stake – through his company Liquid Investments – to more than 25% on 11 December.
Fowler, whose son Andrew is also involved in the club, will take on the position of chairman at LNER Stadium and will “assume responsibility for the funding of the club for the immediate future”.
The ownership shake-up at Lincoln, who are second in the table, was confirmed as a “future development” in the club’s annual accounts covering the 12 months up to June 2025.
“Acquiring 25% or more of the share capital is regarded by the EFL as acquiring control and consequently Liquid Investments Inc will need to demonstrate they are eligible to acquire control and are able to and will provide the necessary funding to ensure the club can continue to operate post-acquisition,” the club noted in its report.
