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STFC Statement: Bill Power Takeover

Swindon Town F.C have released a statement confirming they have received an offer from Bill Power to buy the football club.

Statment From Swindon Town F.C

We previously reported that the Club was in dialogue with Bill Power in relation to his involvement.

Having made proposals to deal with those issues, the Club received a detailed response last week.

It has now subsequently had the opportunity to review this with its lawyers.

Part of the reply indicated a willingness on behalf of Mr. Power to explore a takeover of the club.

Whilst the club is involved in other substantive ongoing discussions with potential investors, it will also continue discussions on a confidential basis with Mr Power`s representatives.

The board wishes to assure the fans that this matter will not affect or detract the club from focusing on promotion back into League One at the end of this season.

No further comment will be made pending those negotiations taking place.




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The Journalist

Writer: Moonraker1969 Mail feedback, articles or suggestions

Date:Thursday March 29 2007

Time: 10:23AM

Your Comments

I struggle with the fact he's a QPR supporter and up till recently an investor in them. What is his motivation for taking on Swindon. If he's genuinely interested in the club lets see the colour of his money again, but we have seen land prospectors here before, and they soon left when the land deal they were after went pearshaped. There's business and there's pleasure and quite often the two don't match.
APG_STFC
 

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