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Archived News from September 2007

6th September 2007 21:15

Race to buy Stags hots up
CHAD website, 06 Sep 2007
By Tim Morriss
TWO parties are now in the running to buy Mansfield Town Football Club.
That is the view of chairman James Derry, whose consortium is due to meet with owner Keith Haslam again next week.

Mr Derry told Chad that he believes his own group is facing opposition from another local interest.

And he insists that he thinks Mr Haslam will sell the Stags, despite scepticism from many supporters.

Mr Derry and his representatives met with Mr Haslam and his representative, Mike Howarth, earlier this week.

However, they did not meet on Thursday as reported elsewehere.

Mr Derry, who appealed for help earlier in the summer from other local businessmen, told Chad: "We are all agreed that there needs to be a decision soon.

"I do believe that Keith (Haslam) will sell, it is just a question of to whom.

"We have made our bid and we are where we are, but I know there is one other party he is speaking to."

Evening Post, 06 September 2007

A Deal must be completed before Mansfield Town's derby clash at Chesterfield if the James Derry-led consortium is to complete a takeover.

Current chairman Derry met with representatives of owner Keith Haslam last Thursday and again on Monday in a bid to move forward his bid.

But the two parties need further negotiation on several crucial aspects of a prospective deal - including, it is understood, the asking price and the rate of rent charged by Haslam for the continued use of Field Mill.

They will meet again today for a further round of talks. But Derry insists time is fast running out if an agreement is to be struck.

"I think a deal has to be done before the next League home match against Chesterfield, so we are looking at within a week or so," he said.

"There is documentation that we are studying. There are a lot of complicated things to sort out and it does not happen straight away.

"There are quite a lot of things to cross off and the club are also thought to be considering other offers so it is not straight forward.

"But if we are going to continue we need to know one way or the other pretty soon."


Latest | September 2007