Leaders
Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

Levy
FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Mansfield Town to splash the cash

Tue 26th Apr 2011 | Money & Finance

Mansfield Town are to splash the cash next season in a bid to return to the Football League from which they were relegated in 2008.   Chairman John Radford has said that he will throw around £2m at the club.   Three of the four men he bought the club from for £1 have returned to the board, each putting in a five figure sum.

 

However, it all depends on regaining control of their Field Mill ground from landlord Keith Haslam.  The Stags have put in what they think is a fair offer to buy the ground, although a ten-year lease would suffice for admission to the Football League.

 

As things stand, matters could go to court over Haslam's bid to re-possess the ground and Radford's counter-action over Haslam's company Stags Limited's £1.9m purchase of the stadium with an allegedly illegal £2.36m dividend from the club.

 

RETURN TO LATEST NEWS SECTION

 

SUBSCRIBE TO THE F.C. BUSINESS RSS FEED

 

If you have any football business related news stories you’d like to share then please contact us –agourley@fcbusiness.co.uk or ryan@fcbusiness.co.uk

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Watford FC: An Unlikely Financial Success Story?

Wed 26th Apr 2017 | Money & Finance

The business model carried out by the owners of Watford FC is unlikely to be adopted by too many sectors outside of football, but by hiring and firing a conveyor belt of managers, they have managed to...

Newcastle United & West Ham Face Tax Investigation

Wed 26th Apr 2017 | Money & Finance

Newcastle United and West Ham United have been targeted by HMRC for alleged Tax and National Insurance fraud. Officers are understood to have raided the offices at St James’s Park and the London...

Premier League Revenues Grow But Losses Return

Thu 20th Apr 2017 | Money & Finance

Premier League clubs’ revenues increased to a new record of £3.6bn in 2015/16, according to Deloitte, the business advisory firm. Analysis of the financial results of Premier League clubs...

7 Tips From The Best Online Football Merchandise Stores

Thu 13th Apr 2017 | Money & Finance

CEO, Lewis Holland and the team at DiscountIF team have been studying various merchandise stores of football clubs in the UK. This article was originally posted here. We’ve compiled a short list...