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 Town Accept Bristol City Flint Bid (Friday May 24 2013)
Caddis Deal Dead But Don't Expect Swindon Return (Friday May 24 2013)
Cheltenham Re-new Rooney Interest (Thursday May 23 2013)
Swindon Reject Flint Request (Tuesday May 21 2013)
Flint Hands In Transfer Request (Tuesday May 21 2013)
VITAL SWINDON AWARDS: Midfielder Of The Season (Monday May 20 2013)
Benson Made Available For Transfer (Monday May 20 2013)
2013/14 Confirmed League One Clubs (Sunday May 19 2013)
Bradford Join Swindon In League One (Saturday May 18 2013)
Devera Set To Sign For Pompey (Wednesday May 15 2013)
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