Takevover at MTFC completed

The takeover at Mansfield Town Football Club is finally completed. Details here.

Stags Fans United ("SFU"), the Mansfield Town Supporters Trust, is delighted the long awaited sale of the football club has been completed. There has been a level of uncertainty amongst Stags fans regarding the completion of the proposed takeover which was announced in June. This has clearly contributed to the level of support the club has been getting on match days. However, the SFU has been aware that the new owners have been using their best endeavours to do what is right for the football club and its supporters. 

SFU has now raised nearly £50,000 and is hopeful that the total raised will soon exceed £60,000. The trust remains committed to increasing its shareholding in Mansfield Town and to persuading the new owners of the football club of the advantages of having a supporter director at the club at the earliest opportunity. Like the majority of Stags' fans, we are disappointed that the takeover has taken so long, but we hope that now the takeover has been completed we can sit down with the new owners and agree a way of moving things forward. If the football club and Supporters Trust can work together then this has to be a win/win situation for both parties and can help to provide much needed finance for the football club now and in the future. 

We are very pleased at raising well over £45,000, particularly bearing in mind the current economic climate, and we are now aiming to hit our next target of £60,000 as soon as possible. We are planning further fundraising events for 2009 including allowing fans to make donations to SFU by standing order.