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
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Cameron Belford Signs For Swindon Town (Friday March 27 2015)
Swindon Release Five Youth Team Players (Thursday March 26 2015)
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Barker And Barthram On Trial At Exeter City (Thursday March 26 2015)
Ex-Swindon Midfielder Ryan Mason Gets England Call (Monday March 23 2015)
Swindon Town Sign Sam Ricketts (Saturday March 21 2015)
Four Swindon Players Called Up To England U20's (Thursday March 19 2015)
Colchester V Swindon Match Moved (Thursday March 19 2015)
Sam Ricketts Set To Sign For Swindon (Thursday March 19 2015)
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