PERRY: STAGS CAN MAKE UP CASH SHORTFALL
Perry: Stags can make up cash shortfall
Evening Post, August 20, 2009
MANSFIELD Town chairman Andy Perry today pledged no players would be leaving Field Mill to plug a £62,000 budget deficit.
All Blue Square Premier clubs were told just days before the start of the season they would be receiving a handout of only £18,000 from the Football Conference in 2009-2010 – down from £80,000 last season.
The drop has been largely attributed to the collapse of Setanta, who had negotiated a long-term broadcasting deal with the league.
But Perry is confident Mansfield will be able to make up the lost revenue by their commercial activity.
"A lot of our finances are directly related to the commercial side. Now we know we have to keep up the momentum even more," he said.
"But we feel, with the town's support, we can overcome the problem.
"We aren't going to be able to get in any more players on a permanent basis unless others go out first, as we initially hoped we might be able to do early in the New Year.
"The squad is already a lot stronger than last year, so we are well equipped, but we can still make use of the loan system should we need it."
Latest | August 2009