Former Chairman Andrew Saunders has admitted that both he and his fellow board members cannot continue to make any further 'major financial commitments' towards the football club.

Andrew Saunders, along with his fellow directors Steve Hymas and Steve Middleton have been investing approximately £10,000 a week to sustain the club.

He is in conversation with our Head of Media & Communications Mark Stevenson.

 

After a lengthy Board Meeting at Field Mill, it has been decided that Mansfield Town Football Club is to be put up for sale.

The Board believe David Holdsworth, the manager, has assembled a squad capable of returning to the Football League which currently sit in a healthy position in the top three of the Blue Square Bet Premier.

The Board believe they have taken the club as far as they can and now is the ideal time for someone new to takeover the helm and move the club to the next level.

The Board statement added: "Anyone wishing to have the exciting prospect of owning an established football club with a dedicated fanbase should approach the club and express an interest as soon as possible to help maintain the good start to the season."