Stags to Announce Record Loss
Mansfield Town are due to announce to shareholders, that the club made a loss of over 1 million pounds for 2010.....
Just prior to John Radford coming into the club and putting in enough money to cover running costs, previous owners Andy Perry, Steve middleton, Andy Saunders and Steve Hymas were forced to dip into their own pockets to keep the club afloat.
Since Radford brought the club, a dispute formed with Perry, but the scale of the loss for just one year, will bring home to supporters the nature of the job in hand to secure the ground back from Keith Haslam.
It also shows the need for the club to return to the football league at the earliest opportunity.
The million pound loss is almost double that of 2009, and brings home to Radford as well, just how much of a shortfall there maybe for this season as well.