UK time is: 03:17:12
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

STFC Release Matt Ritchie Statement

Swindon Town FC have released a statement to address those fans disappointed in the sake of Matt Ritchie to promotion rivals AFC Bournemouth.

THE STFC Board acknowledge the disappointment expressed by many fans over the sale of Matt Ritchie to AFC Bournemouth yesterday but it is important that the sale of Matt Ritchie is put into context.

As everyone is fully aware, following the requirement to seek new owners for the club, Swindon Town FC faced the very serious prospect of administration, had it not been successful in securing new investors in an incredibly compressed time frame. Within this time frame a new consortium has been identified and yesterday evening contracts were exchanged for the sale of the majority shareholding. There now follows a brief period whilst the new owners await Football League approval under the Owners & Directors Test and during this period of time the club requires funding. A joint decision was taken between the current and prospective new owners to sell Matt Ritchie in order to meet this funding requirement.

The alternative to not securing new owners and securing short term funding would have seen a significant restructure to the Club and the possibility administration. As such, the club`s long term survival and wellbeing had to be the priority.

Losing Matt Ritchie from Paolo Di Canio`s Championship challenging side is very disappointing but the prospective new owners of the club remain committed to supporting Paolo Di Canio and assisting him with the quest to achieve promotion to the Championship at the end of the season.

Vital Swindon Town on: facebook

Vital Swindon Town on: twitter

Join Vital Swindon Town
It's easy to REGISTER HERE, simply click the link and enjoy getting involved!


Join The Vital Debate




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



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

The Journalist

Writer: SN1 Red Mail feedback, articles or suggestions

Date:Thursday January 31 2013

Time: 12:44PM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Swindon Town Articles

Josh Lelan Returns To Swindon (Friday August 29 2014)

Tijane Reis Leaves Swindon Town (Thursday August 28 2014)

Swindon's Gladwin Tears Ankle Ligaments (Wednesday August 27 2014)

Lelan Returns To Derby (Wednesday August 27 2014)

Swindon Call Off Chesterfield Clash (Wednesday August 27 2014)

UP NEXT: Brighton & Hove Albion (Sunday August 24 2014)

COOPER: Crewe Reaction (Sunday August 24 2014)

Archived Swindon Town Articles

List All Vital Swindon Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

League Results (view all)

Latest Results
Crawley 1 - 0 Swindon
Swindon 3 - 1 Scunthorpe
Swindon 2 - 0 Crewe
Swindon 1 - 1 Coventry
Gillingham 2 - 2 Swindon

League Table (view table)

Team P W D L GD Pts
5. Chesterfield 5 3 1 1 2 10
6. Preston 5 2 3 0 5 9
7. Barnsley 5 2 2 1 3 8
8. Swindon 5 2 2 1 3 8
9. Bristol City 4 2 2 0 2 8
10. Notts County 4 2 1 1 2 7
11. Doncaster 5 2 1 2 0 7

Breaking League News

Glovers 1 Barnsley 1 - Report
Yeovil : 30/08/2014 22:24:00
Scunthorpe United 2-1 Walsall
Walsall : 30/08/2014 21:16:00
Davis rues opening half
Crewe : 30/08/2014 21:06:00
Crewe still pointless
Crewe : 30/08/2014 20:52:00
Report: MK Dons 2-0 Crawley Town
MK Dons : 30/08/2014 19:15:00

Current Site Poll (view all polls)

Are you happy with Swindon Town's start to the season?
Suggested By:  Vital Swindon Town
Yes 0%
No 0%
Unsure 0%