Vital Football

Latest Swindon Town News

Swindon Town Takeover Imminent

Swindon Town Takeover Imminent

Swindon Town will have new owners within the next 48 hours according to director Bob Holt. The new owners want to be in place by the start of the season and plan to pay the £900,00 CVA off making the club debt free.

Speaking to the Swindon Advertiser Bob Holt said, 'The administrators have been informed, everything is agreed and I know the board have spoken to them today. They want to be in charge and be majority shareholders before the start of the season.

'I would be disappointed if it is not completed by Friday. We have always been working towards getting them in by the start and I have been given every reason to believe that.'

Rumours had surfaced in the last couple of days that the takeover was near completion due to the club becoming active in the transfer market again and hopefully with a bit of luck this will finally come to an end over the next few days.

The club has yet to pay a £900,000 CVA which was due at the end of July however it appears that creditors have agreed the club a bit of room to sort this out as they will be paid in full very shortly.

Should the takeover finally be complete this will come as welcome news to Paul Sturrock who will be looking to use additional funds to bolster his squad prior to the League One season.

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




Join the Vital Fantasy Football League - its Free!

Writer:Moonraker1969
Date:Wednesday August 8 2007
Time: 6:13PM

Comments

0
This has had more episodes than Coronation Street - just hope its worth it - I'm worried its just another cop out by that board and it will end in tears !
APG_STFC
08/08/2007 19:00:00
0
will they pay it before we may possibly get point deductions? Will they also do the decent thing and give Bill Powers his 1.2 million back???
red_gilly
09/08/2007 23:00:00
Page 1/1
  1. 1

Login to post a comment

Recent Swindon Town Articles

DEADLINE DAY: Michael Smith Confirmed To Pompey

Smith leaves Town.

DEADLINE DAY: Michael Smith To Portsmouth?

Smith heading to League Two Giants?

DEADLINE DAY: Swindon Re-Sign Louis Thompson

Louis returns..... AGAIN!

Stats: Swindon Town v Barnsley

All the stats from Swindon Town (0) vs (1) Barnsley, County Ground, Swindon, 30/1/2016, 15:00 Att: 7,532

Archived Vital Swindon Articles

Vital Swindon articles from

Site Journalists

Shaun Calderwood
Profile

Current Poll (see more polls)

Port Vale v Swindon
Suggested By:
Swindon win54%
Port Vale win36%
Draw10%

League Table

# Team P W D L Pts. GD
1 Burton 30 20 3 7 63 17
2 Walsall 29 16 8 5 56 17
3 Wigan 30 15 10 5 55 21
4 Gillingham 30 16 7 7 55 19
5 Coventry 30 13 10 7 49 16
6 Millwall 29 14 5 10 47 9
7 Southend 29 13 8 8 47 6
8 Peterborough 29 13 5 11 44 13
9 Port Vale 31 12 8 11 44 -1
10 Barnsley 29 13 3 13 42 6
11 Sheff Utd 29 11 9 9 42 4
12 Bradford 28 11 8 9 41 -3
13 Scunthorpe 28 11 5 12 38 -4
14 Rochdale 28 10 7 11 37 -2
15 Bury 28 10 7 11 37 -7
16 Doncaster 29 9 9 11 36 -4
17 Swindon 30 10 6 14 36 -5
18 Blackpool 29 9 6 14 33 -7
19 Chesterfield 30 9 3 18 30 -12
20 Shrewsbury 30 8 6 16 30 -15
21 Fleetwood 28 7 8 13 29 -3
22 Crewe 29 6 8 15 26 -20
23 Oldham 27 4 12 11 24 -13
24 Colchester 29 5 7 17 22 -32
Latest F1 News
Latest Vital Boxing News

Swindon Town Fixtures (view all)

Feb 13 2016 3:00PM : Colchester United (a)
Sky Bet League One
Feb 20 2016 3:00PM : Blackpool (H)
Sky Bet League One
Feb 27 2016 3:00PM : Peterborough United (a)
Sky Bet League One
Mar 1 2016 7:45PM : Doncaster Rovers (H)
Sky Bet League One
Mar 5 2016 3:00PM : Oldham Athletic (a)
Sky Bet League One
Mar 12 2016 3:00PM : Millwall (H)
Sky Bet League One

Recent Swindon Town Results (view all)