Date:Monday July 2 2007
Swindon Town Football Club are expected to announce how they plan to settle the CVA (Company Voluntary Agreement). The club were due to pay £900.000 on Saturday which was the final payment due.
Tomorrow marks a big day in the clubs history. There are many rumours about saying the club has been talking to a new investor. It could very well be that the club have settled the CVA with funds from new investors or perhaps another cash injunction from Sir Seton Wills.
For many months now the club has said they do not have the funds to pay the final instalment of £900,000 and that they were attempting to renegotiate the CVA.
So far the club released a statement to reassure fans the club has a future however many fans are still nervy and want clarification on how the club plans to sort out the CVA.
Should the club not make the final payment or be unsuccessful in renegotiating the CVA the club could be served with a winding up order.
Should the club be wound up, which we believe to be very unlikely, Chesterfield would be promoted back to League One whilst Torquay United would be promoted back to League Two to level up the divisions.
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Date:Monday July 2 2007
Swindon Release Lee Power Statement (Tuesday December 3 2013)
Swindon Release Jed McCrory Statement (Tuesday December 3 2013)
Jed McCrory Resigns As Swindon Chairman (Tuesday December 3 2013)
Swindon Town Ownership: Sort It Out NOW! (Monday December 2 2013)
Swindon Town 3 - Carlisle United 1 (Monday December 2 2013)
Power Struggle At Swindon For Ownership Of Club (Friday November 29 2013)
Swindon Town Release Ownership Statement (Friday November 29 2013)
STFC Ownership Changed To Lee Power? (Friday November 29 2013)
Luke Rooney Set To Depart? (Thursday November 28 2013)
Coops Slams Ref D'Urso (Tuesday November 26 2013)
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