UK time is: 02:18:59
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

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





Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



Join the Vital Fantasy Football League - its Free!

The Journalist

Writer: Moonraker1969 Mail feedback, articles or suggestions

Date:Wednesday August 8 2007

Time: 6:13PM

Your Comments (oldest first)

Change to most recent first
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
Report Abuse
08/08/2007 19:00:00

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
Report Abuse
09/08/2007 23:00:00

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Swindon Town Articles

Archived Swindon Town Articles

List All Vital Swindon Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

League Results (view all)

Latest Results

League Table (view table)

Team P W D L GD Pts
18. Scunthorpe 0 0 0 0 0 0
19. Sheff Utd 0 0 0 0 0 0
20. Shrewsbury 0 0 0 0 0 0
21. Southend 0 0 0 0 0 0
22. Swindon 0 0 0 0 0 0
23. Walsall 0 0 0 0 0 0
24. Wigan 0 0 0 0 0 0

Swindon Town Fixtures (view all)

Breaking League News

Pitch Trouble
Blackpool : 03/08/2015 23:22:00
Lloyd Jones Extends Loan Deal
Blackpool : 03/08/2015 23:00:01
Crewe sign off with victory
Crewe : 03/08/2015 21:51:00
Defender should return
Crewe : 03/08/2015 21:34:00
Hill To Loan A No 4?
Rochdale : 03/08/2015 20:31:00

Current Site Poll (view all polls)

What do you want to see more of at Vital STFC?
Suggested By:  Shaun
Blogs 0%
News 100%
Rumours 0%
Other 0%