Help Sitemap Home Skip Navigation Contact Us Disability Statement

Chad Careers and Jobs fair
Silver Award
Newspaper Society Weekly Website of the Year
 
 
Saturday, 30th August 2008

Premium Article !

Your account has been frozen. For your available options click the below button.

Options

Premium Article !

To read this article in full you must have registered and have a Premium Content Subscription with the n/a site.

Subscribe

Registered Article !

To read this article in full you must be registered with the site.

Mansfield Town takeover: Rumours, denials and confusion



Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image

Email Tim Morriss

CONFUSION surrounds the protracted takeover of Mansfield Town Football Club - but Chad understands that a sale could be completed as early as today (Thursday).
However, the identity of the likely new owners remains uncertain, 10 days after the anouncement that owner Keith Haslam and Doe Lea-born dentist Dr Colin Hancock had agreed a deal.

For it has emerged that a group of Mansfield-based businessmen remain in the race for the Stags.

This morning Dr Hancock, currently out of the country, denied rumours on a supporters group website that he had withdrawn his offer - and insisted that he was just waiting for the green light from Mr Haslam.

He told Chad: "It is mischievous and misguided to say that I have pulled out. I can understand and sympathise with the fans' frustration, but my position remains the same.

"I have placed funds at the disposal of the club . . . I have done all that I can do now."

It had been expected that Dr Hancock, chairman of Unibond club Glapwell, would complete his takeover at the beginning of the week and buy both the Stags and the Field Mill stadium.

But following a meeting on Monday between Dr Hancock, Mr Haslam and chief executive Stephen Booth - brokering the sale of the Stags - neither parties would make any comment at that time.

The sale delay prompted further speculation that the Stags owner was also considering a bid from a separate group, thought to be a consortium of Mansfield businessmen.

And rumours surfaced last night that Dr Hancock had withdrawn his bid after learning of the rival offer, but he quashed the suggestion and also told Chad: "I spoke to Stephen Booth on Thursday and he said that he had been in touch with Mr Haslam. Nothing has changed from my side."

Mr Booth declined to comment on the progress of the takeover, other than to reiterate that an official club statement would be made when the sale was complete.

When asked if this was likely to happen soon, he told Chad: "We are working hard to achieve this. The focus should be on the team, the players have returned to pre-season training and the fixtures have been announced."

The chief executive declined to comment further when questioned by Chad.

Chairman and Mansfield mayor Tony Egginton, like Dr Hancock currently out of the country, told Chad that he was unaware of the delay in the completion of the agreed Hancock takeover - a deal both he and Mr Booth have helped to put together.

He added: "We have to be positive. Like all the fans, I know that a deal needs to be concluded as quickly as possible so that the focus can be on regaining our Football League status. That is the number one priority."

Manager Paul Holland, still waiting to hear if he will be in charge next season and when he can bring in new players to strengthen his threadbare squad, told BBC Radio Nottingham that he, too, expected a quick resolution to the takeover saga.

Holland said the takeover was 'not a million miles away, it all seems very, very close'.

He added: "It is a very important deal . . . but somewhere along the line a decision has to be made. It is very frustrating, but I do see light at the end of the tunnel."

The full article contains 564 words and appears in n/a newspaper.
Page 1 of 1

  • Last Updated: 03 July 2008 8:40 AM
  • Source: n/a
  • Location: Mansfield
 
Prev
1
Next
1

whoknows,

03/07/2008 08:54:59
Booth, how can we focus on the team when we don't have one....
2

Adamr999,

03/07/2008 09:17:23
okay lets focus on the team o wait there isnt enough players for a team, if you want us to focus on a team you have to hire a manager and allow them to sign players you idiot. So until you do that the only focus is this takeover and who is this consortium because unless they are buying it all plz get lost because hancocks deal is alot better and we want it finished now not 72 years
3

whoknows,

03/07/2008 09:37:33
Its was 8th May when Booth gave us the "formal response within the next 72 hours" rubbish.
It'll soon be 8th July 2 months after and we'll still be no closer to a take over.

We'll all be here next week hoping and praying that a deal will be done by the end of the week.
4

weareallyellows,

Heanor 03/07/2008 10:07:32
Who ever heard of a business that was nearing the end of takeover negotiations selling one of its main assets (Bap)? It would never be allowed in the real world - one of the main reasons being it affects the balance sheet - unless the cash remains in the business - and that reflects the value of the club. There's more to this than meets the eye. Surprise surprise.

Butch, you're a nice fella, please stop kidding yourself. For heavens sake find yourself another job, this lot will keep you waiting till doomsday.
5

Spiritater,

Boothys World 03/07/2008 11:35:51
Another statement of pure quality from our esteemed CEO.'Focus on the team',what team Stephen? 'The players have returned to training'. On which school field is that Stephen?
'The fixtures are out'. So what Stephen,its a simple equation for a chartered accountant like yourself. No players=no team=no points=relegation again.
What is this buffoon doing in charge of my beloved Stags I do not know !!!!
Tony Egginton says 'we have to remain positive like all the fans'. Hard to do Tony when we are being continually kicked in the jaffas by HASLAM.
6

Spiritater,

Boothys World 03/07/2008 11:46:34
Dutch, you say that the deal is not a million miles away. Yes most probably only 999,999 miles away which is an awful lot in my world.
7

Jake_stagsfan,

03/07/2008 13:17:44
thisismansfieldtown reports that john dlayrea joined up 4 pre season training yesterday
Prev
1
Next

 

Comment on this Story

 

In order to post comments you must Register or Sign In

 
 
 
  

 
 


Press Complaints Commission

This website and its associated newspaper adheres to the Press Complaints Commission’s Code of Practice. If you have a complaint about editorial content which relates to inaccuracy or intrusion, then contact the Editor by clicking here.

If you remain dissatisfied with the response provided then you can contact the PCC by clicking here.