Nick Igoe Consultancy

About

Nick Igoe is a Chartered Accountant with over twenty years’ experience working in football both at a senior executive level and latterly as a consultant. In that time he has acquired a unique knowledge of all aspects of football finance and the regulatory regime at all levels of the game from Premier League down to the National League System.


Nick qualified in 1980 while working with Chalmers Impey  (now part of RSM). In May 1982 he joined the Corporate Restructuring team at Price Waterhouse (now PriceWaterhouseCoopers) where he was engaged on investigations and receiverships in the property, secondary banking, manufacturing and distribution sectors. This experience gave him an invaluable knowledge of insolvency law and an understanding of the challenges facing highly geared companies and the strategies needed to restore financial stability.


In October 1984 Nick made his first move into industry then,  in October 1987, he was appointed Finance Director of Tele-Cine Cell Group PLC,  a company providing support services to the film and television industry. Key responsibilities included strategic planning, investment appraisal, lender and investor relations, financial reporting, corporate governance, taxation, commercial contracts and property matters. In 1994 Nick played a central role in the group’s successful flotation on the London Stock Market.

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In September 1997 Nick joined West Ham United as the club’s first Finance Director, remaining with the club for over fifteen eventful and occasionally challenging years. He worked with four different owner groups, six chairmen and eight managers, experiencing two relegations, two promotions, a cup final and two forays into Europe. Principal achievements in that period included the following.


  • Negotiating loan finance to fund the redevelopment of the club’s Boleyn Ground. 


  • Developing a financial strategy to address the club’s relegation from the Premier League in 2003, culminating in the club’s return to the Premier League two years later on a significantly reduced cost base and with bank debt halved.


  • Securing the survival of the club through a succession of major challenges in 2008/09, including the collapse of the owner’s banking empire, the insolvency of the bank which then acquired control of the club, the insolvency of the club’s sponsor and Sheffield United’s successful legal action against the club.


Since leaving West Ham United Nick has worked as a freelance consultant in both football and rugby union. Much of his work in football has followed introductions from Supporters Direct, the body promoting the development of sustainable clubs under community ownership. 


Advice provided, both to supporters’ trusts and to supporter owned clubs, has included feasibility studies of clubs’ finances and possible ground acquisition as well as guidance on operating sustainably, restructuring debt and financial management and controls.


Nick’s role in rugby union is as part time CFO of London Scottish, a renown club presently playing in the second tier of English rugby. 

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