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AFC Bournemouth: Calm approach key for Cherries chairman Mostyn
The club's outright owner Maxim Demin chose former chair Mostyn as outgoing Eddie Mitchell's successor last week.
Mostyn's return came days after Russian backer Demin - who acquired half of the club's shares from Mostyn and Steve Sly in October 2011 - bought Mitchell's remaining 50 percent stake in Cherries.
Demin's substantial investment in the Dean Court outfit has helped propel Cherries to Championship level for only the second time in their history.
But after stepping back into the spotlight, Mostyn reiterated his belief that the club's dark days helped lay the foundations for success and that he felt duty-bound to ensure any lofty ambitions remain sensible.
Mostyn told the Daily Echo: “Maxim is determined to take this club to the highest level possible and we all share his level of ambition.
“But, in my position, I have to ensure people are level-headed and realistic. Objectives can be achieved, and we have proved that, but they don't happen overnight.
“The start to the season has been incredible but as soon as you start to predict the unpredictable levels of expectation become unrealistic.
“That's not negative, but having started in 2006 with my heart it has taken seven years of soul searching to realise you can't get too far ahead of yourself.”
And Mostyn went on to add that the boardroom battles of the past would stand him in good stead in his new role and defended his decisions - including the sale of the club to Alistair Saverimutto and Paul Baker - during the tough times.
Mostyn explained: “The club was having financial problems and I bought into it without knowing why. It was my heart ruling my head.
“I just fell in love with the club and wanted to do my utmost to try and save it. My detractors would say I was responsible for putting the club into administration but I would say the damage had already been done.
“The debt was colossal and even after due diligence there were a lot of skeletons falling out of the cupboards. It was unsustainable.
“At the time it really hurt, and it was an opportunity for me to walk away, but I look back with immense pride that I stood by the football club and personally funded the entire administration process to ensure the club survived.”
Mostyn continued: “People ask why I sold out to Paul and Savi but it (finding prospective investors) became an unbelievable challenge.
“Steve (Sly) and I travelled the length and breadth of Britain to try and find investors and it became nothing short of a mirror test. If the mirror steamed up and they were alive then they were a good prospect. It was that desperate.
“Unfortunately, there were worldwide financial problems and they were unable to fulfil their dream.
“There's no point in looking back and criticising (Saverimutto and Baker) because the intentions were good.
“I look back and think all of it was a catalyst for where we are today because it gave the club a clean bill of health and enabled me to re-engage with Eddie Mitchell.”
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