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Archived News from May 2002

16th May 2002 22:54

Chief issues ITV cash warning
Teamtalk, 16 May 2002
Stags chairman Keith Haslam says football clubs should get their finances in order now and not expect a quick outcome to the ITV Digital saga.
He said: "I am still sure someone will come along and televise our games next season but we have to be realistic with their budgets.
"If the ITV thing goes to court there will be protracted arguments and it has become a game of poker.
"I believe it will end up being settled out of court as the opinion of the League's chairmen and lawyers is that we have a very strong case.
"But, whatever happens, I don't think we will see any money for quite a while so we have to budget accordingly now and be sensible."
Haslam has come under fire on several occasions from previous managers and supporters down the seasons for refusing to pump money into squad strengthening.
But he has had the last laugh as Mansfield have still achieved promotion to Division Two and are one of the few lower division clubs to make a small profit and will not be badly affected by the ITV situation.


Latest | May 2002