We are delighted to announce that Nick Igoe will be joining The Shots Trust Bid Team.
Nick will work as a consultant paid by Supporters Direct for The Shots Trust using Enterprise Hub Funding. His brief is to provide the trust with sustainable financial forecasts for next season based on the assumption that the club will be competing in the Conference Premier. These forecast will be used in negotiations with the administrators and form the basis of projections for the Community Share Offer.
Nick Igoe is a Qualified Chartered Accountant with 32 years’ post qualification experience including 27 years as finance director
Between 1997 – 2012 Nick was West Ham United’s Finance Director, where his main achievements included:
- Fund raising through conventional and specialist sources, including securing loan finance for stadium redevelopment in 2000/01.
- Managing financial strategy following relegation in 2003 which culminated in club’s return to Premier League with significantly reduced cost base and bank debt reduced by 50%.
- Maintaining financial stability of club through succession of ownership changes, including dealing with impact of exceptional litigation costs, insolvency of club’s owner, banking crisis of 2008 and default of club’s main sponsor. Ensured compliance with regulatory obligations at all times.
In addition to finance director’s customary duties, further specialist skills include regulatory compliance, tax planning and compliance, legal affairs (corporate, commercial, property & employment), operational management and corporate governance. Excellent analysis and communication skills developed over lengthy period reporting to a range of stakeholders.
Nick will be able to provide in valuable help and advice to the Trust in the coming weeks and months.