Chief Executive Stephen Booth told mansfieldtown.net this afternoon:

"This morning I had two very productive meetings.  The first meeting involved a prospective buyer, Keith Haslam and I.  During the course of this meeting a proposal for the buyout of the club was put forward and was well received.

"Mr Haslam is now consulting his various professional advisors with regard to the detail and I am anticipating a formal response within the next 72 hours.

"Following this meeting, Keith and I met with non-executive chairman (Tony Egginton) to discuss the future of the club.  Once again this was a very productive meeting and all parties agreed that they would work together in an attempt to ensure the rejuvenation of the club.

"No parties will make any further comment until there is something sustainable to say."

Mr Booth added:  "All true supporters should be assured that all parties are working towards a goal of re-establishing the club to its rightful status in the Football League."