Vital Football

Latest Swindon Town News

STFC: Club Statement

STFC: Club Statement

Swindon Town have won their court appeal against former consultant Mike Diamandis.

In a statement released on the official Swindon Town website, the club announced:


'In the late spring of this year, Michael Diamandis instructed a firm of solicitors to serve a writ upon the club, claiming that he was owed significant sums of money in relation to a consultancy agreement dating back to 2002 and for a range of Dunwoody Marketing invoices, allegedly for services provided to the club between 2002 and 2008.

'Despite requests for evidence to support the claim, none was forth coming until the club was served with a winding up petition.

'Upon receipt of the winding up petition, the club was forced into a situation where it had to engage the services of professional legal advisors, at significant cost to the club.

'The case was heard in the High Courts of Justice in August and the judge, very surprisingly, found in favour of Michael Diamandis.

'The club immediately lodged an appeal against this judgement, which was granted but required the club to place £300,000 into court.

'Endless management time and legal costs have been expended in the period leading up to the appeal, preparing additional evidence and submissions as well as responding to counter claims from the other side.

'The appeal was heard today Monday 17th January 2011 and the club is pleased to announce that the Appeal Court judges found entirely in the club`s favour, dismissing Michael Diamandis` winding up petition.

'Furthermore, the judge instructed that the monies placed into court by the club be released and the club was awarded costs (on a conditional basis) which it will now seek to re-claim from the other side.

'For Swindon Town FC this has been a very time demanding and costly exercise but hopefully the final vestiges of the club`s previous history of mismanagement.'


Join Vital Swindon!

It's easy to register , simply click the link and enjoy getting involved (you can even win prizes!)

Message Board To visit the message board, click here. Get involved

This website is your website and we are looking for people to help run the site. Do you go to most of the games and have an opinion? Why not write a match report? Perhaps you are a budding journalist or even just someone who is very opinionated? Well why not join our team? If this interests you please contact Vital Swindon.



Click here to join in the debate on the club forum.

Writer:Nellup
Date:Monday January 17 2011
Time: 6:48PM

Login to post a comment

Recent Swindon Town Articles

DEADLINE DAY: Michael Smith Confirmed To Pompey

Smith leaves Town.

DEADLINE DAY: Michael Smith To Portsmouth?

Smith heading to League Two Giants?

DEADLINE DAY: Swindon Re-Sign Louis Thompson

Louis returns..... AGAIN!

Stats: Swindon Town v Barnsley

All the stats from Swindon Town (0) vs (1) Barnsley, County Ground, Swindon, 30/1/2016, 15:00 Att: 7,532

Archived Vital Swindon Articles

Vital Swindon articles from

Site Journalists

Shaun Calderwood
Profile

Current Poll (see more polls)

Port Vale v Swindon
Suggested By:
Swindon win54%
Port Vale win36%
Draw10%

League Table

# Team P W D L Pts. GD
1 Burton 29 19 3 7 60 16
2 Walsall 29 16 8 5 56 17
3 Wigan 30 15 10 5 55 21
4 Gillingham 30 16 7 7 55 19
5 Coventry 30 13 10 7 49 16
6 Millwall 29 14 5 10 47 9
7 Southend 29 13 8 8 47 6
8 Peterborough 29 13 5 11 44 13
9 Port Vale 31 12 8 11 44 -1
10 Barnsley 29 13 3 13 42 6
11 Sheff Utd 29 11 9 9 42 4
12 Bradford 28 11 8 9 41 -3
13 Scunthorpe 28 11 5 12 38 -4
14 Rochdale 28 10 7 11 37 -2
15 Bury 28 10 7 11 37 -7
16 Doncaster 29 9 9 11 36 -4
17 Swindon 30 10 6 14 36 -5
18 Blackpool 29 9 6 14 33 -7
19 Chesterfield 29 9 3 17 30 -11
20 Shrewsbury 30 8 6 16 30 -15
21 Fleetwood 28 7 8 13 29 -3
22 Crewe 29 6 8 15 26 -20
23 Oldham 27 4 12 11 24 -13
24 Colchester 29 5 7 17 22 -32
Latest F1 News
Latest Vital Boxing News

Swindon Town Fixtures (view all)

Feb 13 2016 3:00PM : Colchester United (a)
Sky Bet League One
Feb 20 2016 3:00PM : Blackpool (H)
Sky Bet League One
Feb 27 2016 3:00PM : Peterborough United (a)
Sky Bet League One
Mar 1 2016 7:45PM : Doncaster Rovers (H)
Sky Bet League One
Mar 5 2016 3:00PM : Oldham Athletic (a)
Sky Bet League One
Mar 12 2016 3:00PM : Millwall (H)
Sky Bet League One

Recent Swindon Town Results (view all)