STEVE HYMAS TO RETURN TO MTFC BOARD
Hymas and Mansfield Town Football Club agree settlement
mansfieldtown.net, 27th March 2015
Mansfield Town and Steve Hymas are delighted to announce that they have agreed a deal to resolve their legal dispute over Steve’s former loans to the football club.
Read more at http://www.mansfieldtown.net/news/article/hymas-and-mansfield-town-football-club-agree-settlement-2362251.aspx#xirZKO2Mphpf0Frl.99
In a move which will improve the financial well being of the football club, Steve Hymas has agreed to convert his outstanding loans into preference shares.
As part of the deal, John Radford has also agreed to convert an equivalent amount of loans controlled by him into preference shares. The move will wipe out nearly £1m of debt from Mansfield Town’s book. It also reduces the money the football club has to pay on its legal bills in fighting the court action.
The deal sees Steve Hymas return to Mansfield Town Football Club as a director where he will play an important role in the club's youth development, an area which both he and John Radford see as integral for the future well being of the Stags.
Commenting on the news, incoming director Steve Hymas told the club's official website http://www.mansfieldtown.net: “Anyone who has ever known me knows that I love Mansfield Town Football Club.
"I am delighted that John and I have been able to do something, which settles our differences, strengthens the financial well being of the football club and allows me to get more involved with grass roots football.
"I am glad this is all over and I hope that all fans will now get behind the football club for the remaining matches of this season."
Chairman John Radford said: “This is another great day for this marvellous club. We have effectively removed £1m of debt from the club.
"This is really important as financial rules around the running of a football club are coming under much greater scrutiny from those who run the game. Similarly, it is great that Steve is coming back to help the football club. I just hope that all the fans will now get behind the football club, the players and the manager.
Mr Radford added: "We have eight games to play and if we could win all of those games it would be a great end to the season! Come on you Stags!"
26 March 2015
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Mansfield Town Football Club
10:14AM: Former director Steve Hymas is currently in talks with Mansfield Town chairman John Radford about a potential return to the board of directors at One Call Stadium, the club can confirm..
BREAKING: Steve Hymas resigns as chairman of @AFCMansfield to join board of directors at Mansfield Town.He will focus on youth set-up #stags
BREAKING: Steve Hymas expected to return to Mansfield Town board
chad.co.uk, by Stephen Thirkill, Thursday 26 March 2015
Steve Hymas has resigned as AFC Mansfield chairman to take up a place on the board of directors at Mansfield Town.
Hymas is currently in talks with Stags chairman John Radford and is expected to return to the board to take over responsibility for youth teams affairs.
Mr Hymas said: “The club has asked me to go back on board there, I have agreed to go back on board and now it just needs to be ratified.
“I am a life-long Mansfield Town fan as was my dad and I am delighted to be back involved, the club is part of my life.
“I am going with the purpose of expanding the youth set up, which myself and Mark Hawkins originally started.
“The youth set up has moved on since then and want to move it on further.
“Adam Murray is a forward-thinking manager and we are looking to provide him with a fresh crop of players.
“Jack Thomas and Liam Marsden have come through and there is talent out there to progress to the first team.”
The move represents a dramatic u-turn and could bring an end to the ongoing legal dispute between Mr Radford and Mr Hymas over a £1m loan made to Mansfield Town by Mr Hymas.
Mr Hymas added: “We are currently in talks over the outstanding money. There is the option to convert that into shares in the club.”
A Mansfield Town spokesman said: “Former director Steve Hymas is currently in talks with Mansfield Town chairman John Radford about a potential return to the board of directors at One Call Stadium, the club can confirm this morning.”
Mr Hymas originally joined the Mansfield Town board in January 2010.
‘Business as usual’ for AFC Mansfield after Steve Hymas resigns as chairman
chad.co.uk, by Stephen Thirkill, Thursday 26 March 2015
AFC Mansfield director Andy Saunders says it will be ‘business as usual’ for the NCEL club following the shock resignation of chairman Steve Hymas.
Hymas has quit his role at the NCEL Division One side in order to join the board at Mansfield Town Football Club, where he will oversee youth team affairs.
‘It will be business as usual for AFC Mansfield. No one person is bigger than a football club.’
“Steve has a lot on his plate at the moment and has stepped down for personal reasons,” said Mr Saunders.
“It will be business as usual for AFC Mansfield. No one person is bigger than a football club.
“We plan how to progress season by season and we will plan for this.”
Steve Hymas ready to join Mansfield Town board
An AFC Mansfield club statement thanked Hymas for his committment to the club.
“The board of directors of AFC Mansfield would like to thank Steve Hymas for his commitment, hard work and support that has helped the club to grow and prosper over the last three years,” the statement said.
“Together with Steve we have seen the club gain promotion to NCEL Division One, win four Trophies and reach the final 16 in the FA Vase.
“In this time the club has also grown within the community to now encompass our U21s and our childrens teams.
“We would like to wish Steve the best of luck for the future with his family at this difficult time and his continued interest in football continuing in Mansfield.”
AFC Mansfield, who are currently eighth in NCEL Division One, expect to unveil a new chairman tonight (Thursday) following a board meeting.
CHAIRMAN STEVE HYMAS STEPS DOWN
afcmansfield.net, Thursday, March 26, 2015
Due to personal reasons Steve Hymas has stepped down as Chairman of AFC Mansfield.
The Board of Directors of AFC Mansfield would like to thank Steve Hymas for his commitment, hard work and support that has helped the Club to grow and prosper over the last 3 years. Together with Steve we seen the club gain promotion to NCEL Division 1, win four Trophies, and reach the final 16 in the FA Vase. In this time the Club has also grown within the Community to now encompass our Under 21s and our childrens teams.
We would like to wish Steve the best of luck for the future with his family at this difficult time and his continued interest in football continuing in Mansfield.
Steve has made this final statement "I would like to put on record my thanks to all those involved past and present who have worked hard for the club during my tenure. I wish AFC Mansfield all the best for the future."
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