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.
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
Date:Monday July 2 2007
Swindon's Jack Stephens To Miss Gillingham Match (Sunday March 1 2015)
Stats: Crewe Alexandra v Swindon Town (Sunday March 1 2015)
Bristol City V Swindon Town On Sky Sports (Monday February 23 2015)
Swindon's Mark Cooper Speaking To Barnsley? (Monday February 23 2015)
Swindon Woes Continue, Drop 5 Points Behind Top 2 (Sunday February 22 2015)
Stats: Swindon Town v Crawley Town (Sunday February 22 2015)
Ex-Swindon Manager K-Mac Named Villa Number 2 (Friday February 20 2015)
Swindon Reject Barnsley Approach For Cooper (Tuesday February 17 2015)
Swindon's Luongo Out With Groin Strain (Saturday February 14 2015)
Swindon Remain Second Despite Loss To Scunny (Saturday February 14 2015)
|1. Bristol City||34||22||7||5||34||73|
|2. MK Dons||34||18||8||8||33||62|
|5. Sheff Utd||33||15||8||10||8||53|
|Preview: MK Dons vs Preston
» MK Dons : 06/03/2015 12:30:00
|Barnsley v Walsall - Preview
» Walsall : 06/03/2015 09:50:00
|DRFC Hill to take charge of Gillingham clash
» Doncaster : 06/03/2015 09:00:00
|Woolmer In Charge Of Yeovil v City.
» Bristol City : 06/03/2015 08:59:01
|Mowbray Starts At Home
» Coventry : 06/03/2015 08:23:00