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

Best of Vital Network

Vital Boxing - Conor Benn Wins on Points

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

Football League Rule Out B Teams (23/9/16)

The Football League, or EFL for those who like pointless rebrands, have now compiled the initial responses from the 72 clubs under their umbrella...

EFL Trophy & Whole Game Solution Update

With the attempt to revive the EFL Trophy by changing the format and introducing Academy sides into the competition...

Disabled Access Issues For Seven?

In September 2015, the Premier League made a promise to ensure that all member clubs would make their home grounds fully compliant with the Accessible Stadia Guide by August 2017.

Doughty In Team Of The Week (6/9/16)

Swindon Town are represented in the latest Football League team of the week that has been selected after this week's action.

Archived Vital Swindon Articles

Vital Swindon articles from

Site Journalists

Shaun Calderwood
Editor email
Profile

Current Poll (see more polls)

Where do you think Swindon Town will finish in 2016/17?
Suggested By:
Champions5%
Playoffs40%
Mid Table30%
Relegated25%
Don't Know0%

League Table

# Team P W D L Pts. GD
1 Scunthorpe 9 5 3 1 18 11
2 Bury 9 5 2 2 17 6
3 Bolton 9 4 4 1 16 3
4 Bradford 9 3 6 0 15 4
5 Northampton 9 3 5 1 14 5
6 Port Vale 9 4 2 3 14 1
7 Sheff Utd 9 4 2 3 14 -1
8 Gillingham 9 4 2 3 14 -2
9 Bristol Rovers 9 3 4 2 13 0
10 Peterborough 9 3 3 3 12 4
11 Fleetwood 9 3 3 3 12 1
12 MK Dons 9 3 3 3 12 1
13 Oxford 9 3 3 3 12 0
14 Millwall 9 3 3 3 12 -1
15 Chesterfield 9 3 2 4 11 1
16 Charlton 9 2 5 2 11 1
17 Swindon 9 3 2 4 11 -2
18 Walsall 9 2 4 3 10 -2
19 Rochdale 9 2 3 4 9 -2
20 Wimbledon 9 2 3 4 9 -3
21 Shrewsbury 9 2 2 5 8 -5
22 Oldham 9 1 5 3 8 -5
23 Southend 9 2 2 5 8 -9
24 Coventry 9 0 5 4 5 -6
Latest F1 News
Latest Vital Boxing News

Recent Swindon Town Results (view all)

Swindon Town Fixtures (view all)

Sep 27 2016 7:45PM : Northampton Town (H)
Sky Bet League One
Oct 1 2016 3:00PM : Shrewsbury Town (a)
Sky Bet League One
Oct 8 2016 1:00PM : Bolton Wanderers (H)
Sky Bet League One
Oct 15 2016 3:00PM : AFC Wimbledon (a)
Sky Bet League One
Oct 18 2016 7:45PM : Rochdale (H)
Sky Bet League One
Oct 22 2016 3:00PM : Walsall (H)
Sky Bet League One