Swindon Town News 24/7Writer: Moonraker1969 
Date:Wednesday August 8 2007
Time: 6:13PM
UK time is: 00:18:03
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
Seconds Out! Vital Boxing is here!
Vital F1 Prediction League - Join now for Monaco
Your Comments
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
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
Have Your Say
Recent Articles
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)
Archived Articles
Vital Members League (view all)
| 1. | STFCfozzy | 1 |
| 2. | STFC_Gazza | 1 |
League Results (view all)
| Latest Results | ||||
| Scunthorpe | 3 | - | 1 | Swindon |
| Swindon | 3 | - | 0 | Stevenage |
| Swindon | 4 | - | 1 | Crewe |
| Sheff Utd | 2 | - | 0 | Swindon |
| MK Dons | 2 | - | 0 | Swindon |
| Doncaster | 1 | - | 0 | Swindon |
League Table (view table)
| Team | P | W | D | L | GD | Pts |
| 3. Brentford | 46 | 21 | 16 | 9 | 15 | 79 |
| 4. Yeovil | 46 | 23 | 8 | 15 | 15 | 77 |
| 5. Sheff Utd | 46 | 19 | 18 | 9 | 14 | 75 |
| 6. Swindon | 46 | 20 | 14 | 12 | 33 | 74 |
| 7. Leyton Orient | 46 | 21 | 8 | 17 | 7 | 71 |
| 8. MK Dons | 46 | 19 | 13 | 14 | 17 | 70 |
| 9. Walsall | 46 | 17 | 17 | 12 | 7 | 68 |
Breaking League News
| Then There Were Eight (Interested In City)
» Coventry : 26/05/2013
|
| Familiar Faces In U's Return?
» Colchester : 25/05/2013 11:56:00
|
| Dunne Expects Late Transfers
» Colchester : 25/05/2013 08:49:00
|
| On this day in history...25th May
» Portsmouth : 25/05/2013 08:00:00
|
| Max rescues England
» Crewe : 24/05/2013 22:53:00
|
| Colin Cooper Appointed Hartlepool Boss
» Hartlepool : 24/05/2013 22:51:00
|
| Watt Was That, Kinsella?
» Colchester : 24/05/2013 22:42:00
|
Current Site Poll (view all polls)
|
|
2 © - All content copyright Vital Network Ltd, not to be reproduced without explicit permission Copyright Issues
Cookie Policy
At Vital Football, we along with most other modern websites use small files called 'cookies' to create the most secure, effective and functional website possible for our users. Without these files our business model, based on advertising, breaks down and we would be unable to continue to provide the services that you are here to utilise. By continuing to use this website after seeing this message, you consent to our use of cookies on this device unless you have disabled them. For full details please read our Cookie Policy which can be found here. However, if you would like to disable cookies on this device, please view our Cookie Policy which contains an opt-out tool for disabling advertising cookies. Please also visit our information pages on 'How to manage cookies' if you would also like to block all other types of cookies. Please be aware that parts of this site will not function correctly if you disable cookies.