COMMUNITY TRUST CLEARED OF ALLEGATIONS
Stags' charity cleared of mismanagement allegations
CHAD website, 19 April 2007
A COMMUNITY sports charity set up by Mansfield Town FC has been cleared of allegations of mismanagement by watchdog the Charity Commission.
The Stags Community Trust hit the headlines last autumn after a report by the Guardian newspaper carried allegations of financial mismanagement involving the Trust and the football club.
The allegations were strongly denied by the charity's Trustees –– which include Mansfield MP Alan Meale –– as well as Stags' chief executive Keith Haslam.
This has now been further supported by a recent letter from the Charity Commission, which has written to the Trust to confirm it found no evidence of mismanagement or misconduct and has now closed its case.
The letter says: "The Commission has considered in detail all the relevant information and has found no evidence of mismanagement or misconduct by the trustees.
"There were some areas relating to governance and transparency of the relationship between the Trust and Mansfield Town Football Club that required review.
"However, the trustees have acted positively to put in place more effective controls to mitigate any risk to the Trust's assets, beneficiaries and reputation.
"As a result the Commission has now closed its case."
The letter also notes that due to the close relationship between the Trust and Mansfield Town Football Club, 'there will always be a high risk to the Trust's reputation', but says the Trust has taken 'positive steps' to remedy this.
See next week's Chad for more on this story.
Latest | April 2007