Date:Friday December 8 2006
STFC Press Release
We have read with interest Bill Power's article in yesterday's Swindon Advertiser and we have heard his comments on BBC Radio Swindon this morning. Contrary to the impression that may have been given, the Wills family have not received any offer for the Club from Bill and his colleagues. Sir Seton has written to Phil Emmel requesting a detailed proposal but so far there has been no response. We have recently received approaches from two further groups of potential investors and should Bill decide to make a firm offer for the Club, it will be considered on its merits, alongside the other bids which are at a more advanced stage. We are disappointed that, unlike the other interested parties, Bill has chosen to express his interest through the media when he already has a substantial stake in the Club and could have discussed his thoughts with Sir Seton at anytime. Dealing with these matters in the public eye is distracting and potentially damaging to the well being of the Club.
It should be recognised that the Club has received interest from various investment groups over the years but none of these have developed into firm acceptable bids that the Wills family have regarded as being in the best interests of the Club. The current Board will therefore not relax but continue to develop and deliver its 5-year plan, which already incorporates Bill Power's philosophies of teamwork and inclusivity.
The objective is to bring Championship football and financial stability to The County Ground within the life of the plan. An excellent relationship has already been established between the Board and the first team manager, Paul Sturrock, with everyone involved at the Club absolutely determined to work together and deliver success on and off the field.
The Club is also able to announce the following appointments:
Mike Bowden, a former Director at NPower is to join the Board with immediate effect. He will have special responsibility for the new stadium development and associated commercial relationships. He will also undertake the role of Joint Chairman Designate.
Boyd Butler, former Sales and Marketing Manager at Reading Football Club for over 8 years is to work at The County Ground on a consultancy basis with the brief to improve off field revenues.
Bob Holt has rejoined the Board to contribute his wealth of media and general management experience to the planned progression of the Club.
Current Chairman Willie Carson said: 'These appointments represent powerful additions to the management team and underline the Board's determination to take the Club forward in a positive manner.'
Date:Friday December 8 2006
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