Vital Football

Latest Swindon Town News

Power Ready To Sue Swindon Town?

Power Ready To Sue Swindon Town?

Former Swindon Town investor Bill Power is prepared to go to Court to reclaim £1.2M he says he loaned the club during his tenure at the County Ground, however the club have stated the money Power gave to the club was for shares.

Power, the leader of the Fans Consortium has set an ultimatum down saying the club have to admit the money he put in was a loan or he will go to the courts to reclaim his money.

The Gazette newspaper is claiming that Power has set a timeline for this to happen otherwise Power will start legal proceedings against Swindon Town Football Club which will almost certainly bankrupt the club if the courts award in Power`s favour

'They have got one option, either agree it is a loan, or the club will go bankrupt' Power is quoted as saying.

The club and Power were discussing an NDA agreement to start discussions on Power taking over the football club however nothing has been said for some time on this front.

The stakes have just been raised higher by the Fans Consortium it appears it is now do or die time, lets hope both parties can come to some sort of agreement that will ensure the long term future of the football club.

GET INVOLVED AT VITAL SWINDON TOWN 100% FREE!!

With news and views, along with a forum, polls and article comments, everything you need in a fans site is right here!

Vital Swindon Town is also 100% interactive. Not only can you have your say on the articles and the forum but you can also suggest an article or a poll so you can air your views.

It's easy to register here and enjoy getting involved





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

Writer:Moonraker1969
Date:Thursday June 7 2007
Time: 12:57PM

Comments

0
Here we go again -
APG_STFC
07/06/2007 16:16:00
Page 1/1
  1. 1

Login to post a comment

Recent Swindon Town Articles

September TV Selections Made - Soon To Be Announced

Sky Sports selected their TV picks for the month of September last week and fans will know which games have effected on Wednesday.

Academy Sides Now Drawn For EFL Trophy 2017

A short time ago the EFL finally announced who would be playing which Academy side in this year's EFL Trophy.

Groups To Be Confirmed For EFL Trophy 2017/18

Following on from the earlier draw for clubs in League One and Two, the 16 invited Category One...

EFL Trophy Group Stage Info 2017

With the announcement of the Category One Academy clubs that had been invited to participate in this year's EFL Trophy yesterday, here are the full...

Archived Vital Swindon Articles

Vital Swindon articles from

Site Journalists

Write for Vital Swindon
Write For Vital Swindon
Apply Here

Current Poll (see more polls)

Where do you think Swindon Town will finish in 2016/17?
Suggested By:
Champions8%
Playoffs17%
Mid Table26%
Relegated48%
Don't Know1%
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)

The Vital Football Members League