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Archived News from September 2007

15th September 2007 12:58

Derry 'close to deal' for Stags
CHAD.co.uk, 15 Sep 2007
By Tim Morriss
STAGS chairman James Derry today said that he was close to agreeing a deal to buy Mansfield Town Football Club.
Mr Derry, heading a consortium of local businessmen, believes that his bid for the Stags is now the front runner among a possible two other interests.

His group, the only one to go public after an Australian bid was rejected, has 'tentatively agreed a price' with Stags' chief executive Keith Haslam.

He told chad.co.uk just before kick-off at this lunchtime's big derby clash with Chesterfield: "We are close to a deal which is acceptable to both parties. There are still 'i's and 't's to sort out, but I am hopeful that by the end of the week we might know something."

The Derry consortium is due to meet with Mr Haslam and his representative, Mike Howarth, again early next week.

The race to buy the football club has attracted four solid interests. First a group of Australian businessmen had a bid rejected earlier in the summer, leaving two local consortiums in a fight for the Stags with rumours of another interest from London yet to be verified.


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