Tuesday, 22 August 2017


Here is our report on the accounts for the year ended 30th June 2016 which were presented to shareholders at the AGM yesterday. We will also provide an update later on financial and other issues relating to 2017-2018.



Stags Fans United attended Mansfield Town's Annual General Meeting on Monday 21st August. The meeting was attended by John Radford, Carolyn Radford, Jim Beachill and Steve Middleton.

Finance Director, Jim Beachill, presented the accounts for the year ended 30th June 2016 to the shareholders. This was the season that the football club finished 12th in League 2 under Adam Murray’s management. The main issues revealed by the accounts were as follows:

The football club continued to reduce its losses for the third consecutive year. It made a loss of only £10,077 for the year ended 30th June 2016 compared to a loss of £74,510 for the year ended 30th June 2015 and a loss of £721,146 for the year ended 30th June 2014 (first season back in League 2). This is excellent news as it continues to show that the football club can be run on a sustainable basis. However losses are expected to significantly increase for the years ended 30th June 2017 and 30th June 2018 due to the arrival of Steve Evans and his management team and the new players that have been recruited.

Turnover (Income) fell very slightly to £2,243,164 compared to £2,296,277 in 2014-2015.

Money received from the Football League, Premier League and the Media increased to £753,489 in 2015-2016 compared to £673,366 the previous season which demonstrates the financial importance of the club obtaining promotion from the Conference Premier in 2013 and remaining in the Football League.

The money received from Chesterfield for Sam Clucas from the 15% sell on clause when Chesterfield sold him to Hull City for £1.3 million was included in the accounts. However Steve Middleton confirmed that Chesterfield would not have to pay any more money to Mansfield Town if Chesterfield made a further profit from Hull City selling Sam Clucas to Swansea City for around £15 million.

Expenditure was £1,915,957 compared to £1,878,504 in 2014-2015 and £2,613,099 in 2013-2014. The largest item of expenditure is always wages paid to staff and these were similar to last season. Wages were £1,464,626 in 2015-2016 compared to £1,486,334 in 2014-2015. They were £2,071,083 in 2013-2014.

Matchday Expenses were reduced significantly by £102,046 from £390,534 to £288,458. This is a reduction of 26%. This is much better than the £644,652 paid out in 2013-2014 due to high policing costs when the policing costs for both Chesterfield home games were around £18,000 per game.

Agents fees and expenses were halved from £22,265 to £10,514.

Rent and Rates increased by around £52,000 from £49,079 to £91,777 and Insurance costs increased by around £9,000 from £6,902 to £16,115. Cleaning Costs doubled from £11,964 to £23,547 and Repairs and Renewals also increased from £51,498 to £85,216. Travelling Costs increased from £1,183 to £17,865.

Light and Heating costs were cut again from £5,123 to £1,053. They were £24,664 in 2014!

Other major savings included cutting Marketing Costs from £40,126 to £4,627. Medical Expenses were reduced from £63,589 to £37,621 and Legal and Professional Costs were reduced from £23,751 to £9,793. Entertainment Expenses were reduced from £14,821 to £5,115.

Computer Costs were fairly similar at £14,216. The same also applied to Telephone Costs of around £10,000.

Loans from One Call Insurance Services Limited and other companies controlled by John Radford amounted to £3,934,042 an increase of £39,137 from the previous year. The loans are interest free and repayable on no specific terms.

Loans from the former owners amounted to £1,338,691 with £709,354 being owed to Andy Saunders, £452,276 to Steve Hymas and £177,061 to Steve Middleton.

Steve Hymas and Steve Middleton have agreed to convert their existing loans to the football club into Preference Shares. John Radford has also agreed to do the same for more than £600,000 of loans which means that over £1.2 million of debt should be removed from the club's Balance Sheet in 2016-2017.

There are two payments left of £214,285 to be made to Keith Haslam for Field Mill (One Call Stadium) which are due in March 2018 and 2019.

Thanks to John Radford and Jim Beachill, the Finance Director for their hard work in bringing the accounts up to date and for their commitment to be transparent about the club’s finances and to keep the fans fully informed. This is very much appreciated by the fans.

Tuesday, 1 August 2017


Interesting interview with Mansfield Town Chief Executive, Carolyn Radford, in The Business Desk.
"The club broke-even last season, still a rare feat in football.... On a financial level, the bottom line must be to ensure that the club not only survives, but prospers."

Monday, 15 May 2017


Stags Fans United are delighted that the club has offered an early bird season ticket. This was the number one suggestion we made to club when we were asked for our thoughts in April, ahead of any draft season ticket prices.

The early bird prices represent excellent value.

The overall pricing of season tickets is fair and reasonable in our opinion.

We asked the club to look after kids and families by having cheap junior and family matchday tickets. However the matchday prices for kids are still too high in our opinion based on consistent feedback from fans. Kids do not tend to plan ahead to buy tickets and need to be encouraged to attend on a matchday. The cheapest matchday walk up price for a school kid is £14 which we think is far too much.
There were two other areas with regard to individual match tickets that we highlighted to the club in April, which came up from the consultation with fans in 2015 and that had not yet been incorporated. These were
-        - Try and keep the adult price around £20. The matchday price for Ian Greaves Upper tier has risen to £24.
-        - Keep match day prices the same as tickets purchased earlier. The consistent feedback from fans was to remove the difference between advance prices and matchday prices, but the difference still remains.

However the fans recognise that if John Radford is providing Steve Evans with a competitive budget for “Project Promotion” then this may need to be partly financed by an increase in matchday ticket prices for adults.

Friday, 7 April 2017


A team representing Stags Fans United held on to the trophy in the Mansfield Town Annual Quiz Night on 6th April 2017, in an event hosted by Mark Stevenson.

That's 4 times in the last 5 years that SFU have won the trophy, only missing out two years ago on a tie-break.

Well done to the team including Peter Wright, Gary Bridges, Joanne Bridges, Richard Harris, Sandy Harris, Ken Sharp, Richard Sharp, and Pete Henshaw

Gary Bridges, Richard Harris, and Ken Sharp are pictured below with Mark Stevenson, and the trophy. 

Tuesday, 20 December 2016


7 December 2016

Accounts filed by Stags Limited for the year ended 31st December 2015 show that it had debtors of £982,698 as at that date.

Stags Limited is the company that was used by Keith Haslam to own Mansfield Town and buy Field Mill.

Tuesday, 10 May 2016


John and Carolyn Radford Q&A 9th May 2016 – Summary

Thank you to John and Carolyn for an excellent evening. These evenings and fans forums are very important to help transparency at the club. John has never refused to attend any of them and has always answered every question he has been asked. They were both in good form last night and it was a very entertaining evening. Darren Shaw


Transcribed by Darren Shaw:

Hopes for 2016-2017
We are aiming to do better next season and hopefully will achieve promotion. The budget will be improved substantially next season. The budget should be at least top half if not top six. We need to add a bit more quality to the squad. (Carolyn – we are not going on holiday next year!).

Signing players is Adam Murray’s decision.

We did try and strengthen this squad this season at Christmas. We were constantly looking for players. It is hard to find the right players. Loan players do not always improve the squad and sometimes it affects the football being played by the current squad.

We are hoping to sign another striker. We are looking for an experienced striker. You have to pay big money to attract strikers. You also have to attract them to the club and show ambition. That’s why it is important to improve the stadium and develop the training facilities. The strikers we are looking to sign are in The Championship and League 1 at the moment. We have a couple of names we are working on.

I would love to keep Ryan Tafazolli next season. We get on really well with Ryan but we are not getting on with his agent at the moment. (Carolyn – that’s because John keeps calling him by the wrong name!.)

Emmanuel Dieseruvwe wants to sign for the club. We could also sign Blair Adams but it is up to Adam. Mitch Rose is probably staying.

Our best signing has probably been Matt Green but we have signed lots of other really good players such as Ryan Tafazolli, Sam Clucas and Jack Thomas. Matt Green has done really well. To find a striker who scores 15-20 goals per season is really difficult. Matt Green is here for another two seasons.

When we want to sign a player we firstly talk to the chairman and the manager of the other football club and then talk to the player concerned. We do not approach the player’s agent as they normally try and stick a big fee on top.

Assistant Manager
Adam Murray has three candidates in mind but he has not made his mind up yet. It’s up to him.

Pre-season Trip
If we finish top ten next season then we will have a trip to Malta. I did offer the players an incentive this season. I fell out with the players this season after the Accrington home game and then later offered them a silly amount of money if they got promoted. It would have hurt me a bit if they had succeeded.

Field Mill/One Call Stadium
There are around another three payments due to Keith Haslam. I bought the ground off him for around £2 million. I paid a lump sum up front with the balance payable over seven years.

Woburn Lane
It is being levelled at the moment. We have put in a planning application for a 3G pitch and to make the changing rooms much larger. Planning to fit six training pitches on there. Hoping to finish off the training ground by next season. We need our own training ground to attract good players to the club.  We are also hoping to let the local primary school use the facilities.

We bought the scoreboard from Wembley a few years ago. The technology might be falling behind a bit now. You can put on it whatever you want including replays. (Note: It was confirmed later by Paul Broughton that the scoreboard will not be able to show replays)

Season Tickets
I would like to see season tickets at lower prices but I don’t want the stadium taken over by season ticket holders as we cannot then sell tickets on match days. Season ticket holders are my favourite people but they cannot always come to every game. We have looked into selling part time season tickets where you could buy a season ticket at a cheap price and then let us know when you cannot come to a game so we can resell them. It’s just the capacity of the stadium that causes problems for selling too many season tickets. Our season tickets are not the cheapest but they are in the lowest 10-20%. We have not set them at a stupid price. We have tried to pitch it right so the stadium will be as full as possible.

Junior Ticket Prices
I agree it would be an excellent idea to increase free entry for juniors from U7s to U11s so it includes all primary school children. We can consider that next season. The problem is that some eleven year olds look much older which is a problem for the stewards. U17s can get in for £4 with a £15 membership card. We will also look into having a Parent and Child season ticket

Bishop Street
We are averaging 3,500 in a 10,000 seater stadium. The club would be wasting money developing the Bishop Street at the moment. The crowds do not justify it.

Youth Team
We have some really dedicated fantastic staff who are all on the same page who want success for the club. It’s great to see young players coming through like Jack Thomas. They did great to win the Youth Alliance. We have been strict with our youth system so it is completely separate from the first team and the manager is not in charge of it. The plan that I have put in place is that every season the first team manager will have to accept four youth team players into his squad on two year contracts. This means that there will always be eight youth team players in the squad. The manager will not have to play them and could send them out on loan but Jack Thomas has done well so this could encourage the manager to play them. It’s difficult for managers to play young players when their job is on the line but hopefully this plan will help bring some of our youth team players through.

New Kit
We are sticking with the plan of having a new home and away kit every two seasons. I’m not going to change this unless fans demand a new kit every season. The new away kit should be available for the Open Day. I’m also happy for fans to submit designs for a new kit. Perhaps we can have a competition to design a new kit and then have a shortlist and arrange for the fans to vote on it.

Club Badge
I’m currently happy with the club badge but I’d consider changing it if the fans really wanted to.

Notts County
A transfer embargo has been placed by the Football League on Notts County as they have not paid the Stags the £20,000 they received from selling tickets for the game at Field Mill. This means that they cannot sign any players at the moment. The club should get paid though as the money will be deducted by the Football League from the next monthly distribution payment to Notts County. Notts County are in a bit of a financial mess at the moment with Ray Trew wanting to sell the club and therefore not being prepared to finance the club any further. They have also not paid for the damage to the toilets in the North Stand. It is frustrating as we looked after their directors very well when they came to Field Mill.

Doncaster Rovers
I would be prepared to do another charity walk to Doncaster. A fellow director has agreed to sponsor their shirts for another season but that should be the last season. Doncaster Rovers probably only receive around a twentieth of what Mansfield Town receive from One Call.

Thanks to all the staff who work really hard behind the scenes. The End of Season Dinner was a great success and a great evening.

Plans for the future.

We do not want to sell the club. We have really enjoyed it for the last five-six years. We have three young children and we want them to have the chance to enjoy it as well in the future.