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Millionaire Investor For Swindon?

Swindon Town are on the verge of agreeing multi-million pound deal with an un-named investor that will secure the clubs long term future.

Swindon who had been fighting for its survival ever since it's days in the Premier League say it could be a matter of 1-4 weeks before a deal is formally announced.

The proposed investor will have the funds to pay the 900,000 CVA payment that is due in the summer as well as secure the long term future of the club.

Town have been without a significant backer since the departure of Bill Power in the Autumn.

Bill Power is currently trying to reach an agreement to purchase the club from the current board however the two sides are still discussing details of a Non disclosure agreement.




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The Journalist

Writer: Moonraker1969 Mail feedback, articles or suggestions

Date:Wednesday May 16 2007

Time: 6:02PM

Your Comments (oldest first)

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I don't know why anyone would invest in a football club especially outside the Premier League.
miked_joker
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17/05/2007 13:23:00

remind me again hasnt peterborough and blackpool recently have massive investment?? and they outside the premier league?? so it is possible
juz stfc
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17/05/2007 15:22:00

Bring it on. I wonder who this investor is... I don't mind as long as his surname isn't Maxwell!!!! Is it Power? Or someone else??
Wellsy
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18/05/2007 13:53:00

No it's Willie Carson, he at last remembered the combination lock number to his safe. !!
APG_STFC
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18/05/2007 13:59:00

nah carson cant let the moths loose if he opens his wallet
juz stfc
Report Abuse
18/05/2007 15:39:00

 

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