Nicholsons is proud to be an official partner of Lincoln City Football Club continuing with its partnership that now spans nearly ten years.
In 2015 the Advisory team at Nicholsons were asked to review the football club business. In the final report they explained the impact on cash flow of converting just 500 “occasional fans” to “raving fans”. They explained how this would create significant income to help push through the National League. The next season under Danny & Nicky Cowley they added about 5,000 raving fans and the rest, as they say, “is history”.
Standing tall in the communities we live and work
Partnering with a pillar of the community enables us to reach further with our vision for how we create impact in the communities around us.
Our close relationship with both LCFC and Lincoln City Foundation (LCF) allows us to bring combined thinking, expertise and resources to projects which enables us to deliver more value into the communities that we support.
By joining together with like minded people whose values and purpose are aligned we can work together towards our shared values.
Through our Kick Accounting & Finance program (launching in autumn 2024) we aim to provide a pathway into a career in Finance for young people in Lincolnshire.
Financial foundations at the heart of our partnership
As the business management and operations team expanded to support the growing football departments, Nicholsons led the introduction of a new finance and accounting system. Working closely with the internal finance team financial processes, systems and internal controls were aligned with a new financial technology stack including; Xero, Approval Max, Hub Doc and Chaser.
The bar for financial reporting and governance is continually raised by the Directors and our advisory team continues to support the in house finance department, assisting with the development of reporting processes and financial modelling.
Open and transparency around the financial performance are an important cornerstone for LCFC and we are proud to have been a partner in delivering a “gold standard” when it comes to financial reporting.
We believe in the power of community and the positive impact that local initiatives can have. Our partnership with Lincoln City Football Club is a testament to our ongoing commitment to making a difference and we look forward to celebrating many victories and milestones together.
Together, we are stronger. UTI