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Read full takeover statement from Booth and Derry here



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Published Date: 13 March 2008
BELOW is the statement issued today by James Derry and Stephen Booth regarding recent attempts to take over the club.
Statement from Stephen Booth

"There has been plenty of speculation in recent weeks and months regarding the future ownership of the club. I would like to put on record that we have been working very closely in an attempt to resolv
e these issues. We are pleased to state that an agreement was reached between a consortium headed by James Derry and current owner of the majority shares, Mr Keith Haslam.

"Unfortunately, on two occasions, just as we were ready to conclude the agreement, major investors have pulled out. In the first instance, this was the ubiquitous Australians who committed promises of significant funds to James, only to withdraw these commitments on the day when the agreement was due to be signed. Following this, James has been in discussions with a number of other parties, who expressed interest in joining his consortium.

"One in particular, as recently as yesterday, confirmed his desire to be part of the future, only to withdraw from his commitment this morning. I would like to emphasise that the agreement that was reached is substantially the deal by which Keith Haslam originally acquired the club 15 years ago. I believe this is the clearest indication that can be given to those sceptics who maintain that Keith is not going to sell the club, that this is totally unjustified."

Statement from James Derry

"From my perspective, I am totally frustrated having concluded a deal, two parties have both withdrawn for different reasons. I would appeal to the people of Mansfield to not let the opportunity pass to achieve the desired goal - which is to put the club back in the hands of the people of Mansfield.

"I continue to make every effort and will talk to any genuine parties who are interested in a joint venture together with my consortium.

"But I would stress that it would have to be genuine. Now is the time for the people of Mansfield to get behind the club, given our precarious league position. Tonight, I am once again meeting another potential partner who has contacted the club to show an interest in being involved with the takeover. Once more, I would stress that this individual is not local. I would like to stress the need for local people to stand up and be counted, as they did 15 years ago when the opportunity to take over the club was not taken up by a local businessman."



The full article contains 458 words and appears in n/a newspaper.
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  • Last Updated: 13 March 2008 9:03 PM
  • Source: n/a
  • Location: Mansfield
 
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John T,

Mansfield 13/03/2008 20:53:23
Is this spin again from Stephen Booth or just plain deceipt?
Did Mr Haslam buy the club when it was losing approximately £60000 per month, at a time when there will be little or no income ie just before close season and committing to rent of say £250000 per year?
By my calculations, that's approximately £80000 per month just to stand still without any other expenditure. How much will be required per month during the close season to stand still Mr Booth? Doesn't sound like the same deal Mr Haslam bought the club for to me!
I wonder why Mr Haslam is serious about selling the Club?
Perhaps he thinks that he has taken us down and doesn't want to go down with it!
Mr Booth:Why do you continue to spin at best, deceive us at worst?
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