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

500,000+ Season Tickets Sold In 2016/17

More than 500,000 Season Tickets were sold in the Football League pyramid for the 2016/17 season.

How Do Swindon Fare In The BBC's 2016 Survey?

The BBC's Price Of Football survey for 2016 was released a week last Wednesday evening and as ever they looked at everything from the price of tickets through to the price of pies...

Smith In Team Of The Week (28/11/16)

Swindon Town are represented in the latest Football League team of the week that has been selected after this week's action.

1% Rise In Arrest Figures For 2015/16

The Home Office have now released the figures for last season when it comes to arrests at grounds and football banning orders - and it's largely good news.

Archived Vital Swindon Articles

Vital Swindon articles from

Site Journalists

Shaun Calderwood
Editor email
Profile

Current Poll (see more polls)

Where do you think Swindon Town will finish in 2016/17?
Suggested By:
Champions5%
Playoffs28%
Mid Table36%
Relegated31%
Don't Know0%

League Table

# Team P W D L Pts. GD
1 Scunthorpe 20 13 5 2 44 24
2 Bolton 20 12 4 4 40 12
3 Sheff Utd 20 11 5 4 38 12
4 Bradford 20 9 8 3 35 9
5 Rochdale 20 9 3 8 30 2
6 Peterborough 19 8 5 6 29 7
7 Wimbledon 20 7 8 5 29 6
8 Fleetwood 20 8 5 7 29 5
9 Millwall 19 8 4 7 28 1
10 Southend 20 7 7 6 28 -1
11 Charlton 19 6 9 4 27 7
12 Port Vale 20 7 6 7 27 -5
13 Bristol Rovers 20 7 6 7 27 -6
14 Oxford 20 7 5 8 26 0
15 Gillingham 20 7 5 8 26 -3
16 Walsall 20 6 8 6 26 -5
17 Northampton 20 6 6 8 24 0
18 Swindon 20 6 5 9 23 -7
19 MK Dons 20 5 6 9 21 -5
20 Bury 20 6 2 12 20 -10
21 Coventry 20 4 7 9 19 -8
22 Chesterfield 20 5 3 12 18 -10
23 Oldham 19 3 8 8 17 -10
24 Shrewsbury 20 3 6 11 15 -15
Vital Football Comment
Latest F1 News
Latest Vital Boxing News
Write for Vital Football

Recent Swindon Town Results (view all)

Swindon Town Fixtures (view all)

Dec 10 2016 3:00PM : Sheffield United (a)
Sky Bet League One
Dec 17 2016 3:00PM : Fleetwood Town (H)
Sky Bet League One
Dec 26 2016 3:00PM : Millwall (a)
Sky Bet League One
Dec 30 2016 7:45PM : Milton Keynes Dons (a)
Sky Bet League One
Jan 2 2017 3:00PM : Southend United (H)
Sky Bet League One
Jan 7 2017 3:00PM : Shrewsbury Town (H)
Sky Bet League One
The Vital Football Members League