There is no substantiated public estimate of Clive Nates’s personal net worth. He is a significant Lincoln City investor, but the club’s published shareholding figures do not reveal his total assets, debts or other financial interests. A £3.53 million figure sometimes associated with him is described as estimated business net worth—not a verified estimate of his personal fortune.
Who is Lincoln City’s owner?
Lincoln City is not owned by one individual alone. The club’s official company-details page says Lincoln City Holdings Ltd owns 95.59% of Lincoln City Football Club Company Limited’s issued share capital. It lists Nates as holding 15.82% of Lincoln City Holdings, directly and through Sportvest Capital Pty Ltd. These percentages describe stakes in companies; they are not valuations of Nates’s personal wealth. Lincoln City’s company-details disclosure
The club’s current company-details page names Ron Fowler as chair of both the holding company and the club, and lists Nates among significant investors. Nates was chairman in the club’s 4 September 2024 update, which said planned further investment had diluted his holding in Lincoln City Holdings below 25%. That is dated history, not the current chair listing. Current company details
What does the £3.53 million figure mean?
CompanyCheck displays “Estimated Business Net Worth: £3.53M” in a director summary associated with Nates’s current business appointments. The site describes this as an estimate calculated from business and professional history. It is a third-party business-record figure, not a disclosed valuation of Nates’s personal assets, and it cannot be treated as his net worth. CompanyCheck director summary
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Personal net worth is broadly the value of a person’s assets minus liabilities. A business estimate or company shareholding cannot establish that total without reliable valuations and information about debts, other assets and ownership arrangements. The available figures do not provide that accounting.
What is known about Nates’s business background?
Companies House lists Clive Hyman Nates as an active director of Lincoln City Football Club Company Limited, appointed on 4 February 2016; its record gives his nationality as South African and residence as South Africa. Companies House officer record
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A 2019 BizNews interview described Nates as a retired hedge-fund manager formerly of Peregrine Capital, and reported that he said he retired from hedge-fund management in 2011. Moneyweb reported in 2024 that Nates and David Fraser established Peregrine Capital on 1 July 1998 as an asset-management firm specialising in hedge-fund strategies. This is career context, not evidence of his current wealth. BizNews interview; Moneyweb report
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Why the club’s records do not answer the net-worth question
Lincoln City’s company disclosures and Companies House filings concern the club and its corporate ownership, not a comprehensive personal balance sheet for Nates. The filings include accounts and share-capital allotments, but they do not establish the value of his entire stake or disclose his full personal assets and liabilities. Companies House filing history
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So the evidence supports describing Nates as a significant investor with a background in hedge-fund management. It does not support assigning him a personal net-worth figure.
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