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Fitton's Swindon Takeover Close?

Fitton's Swindon Takeover Close?

Ramsbury based businessman Andrew Fitton hopes to confirm that he is the new owner of Swindon Town F.C next week according to BBC Wiltshire.

Fitton apparently told BBC Wiltshire that terms of the deal have been agreed and that he already has a blue print in place for the club.

Fitton also told the local media over the last 2 weeks that he is fully behind manager Paul Sturrock and he wants to take the club back to the Premier League.

Fitton has also stated that he would like to be part of a redevelopment of Swindon Town's County Ground Stadium to bring it up to date.

Fitton stated that Swindon Town are one of only a handful of teams over the last 20 years not to have a major redevelopment of their stadium.

It is thought when the deal is complete Mr. Fitton's consortium will pay a £900,000 CVA and pay off the tax man to clear the clubs historical debts.

Swindon Town are currently under a transfer embargo for not paying footballing debts however reports state that the club has paid this now and are awaiting for the embargo to be lifted by the Football League.

Should a deal not go through soon and all debts paid, Town could find themselves hit with a points deduction.

Town fans will not get their hopes up that the financial misery that has surrounded the club ever since they were in the Premier League will finally be lifted after a deal with BEST holdings collapsed last month.



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Writer:Aaron Hughes
Date:Thursday November 8 2007
Time: 6:52PM

Comments

0
I will beliee it when that day finally arrives
red_gilly
08/11/2007 22:54:00
0
all we keep hearing is next week , its been going on far too long . cant wait till it finally happens
lawz1981
09/11/2007 07:59:00
0
As usual I am really sceptical of this "takeover" and wouldn't be surprised if he is a friend of the Wills' family and that the current morons stay in place.
Wellsy
09/11/2007 10:59:00
0
you sound like us owls it will never happen
mick66owl
09/11/2007 16:42:00
0
At least we are getting more information than the Best Holdings farce. Still don't understand why a non-fan would want the club though
mandrossian
11/11/2007 21:39:00
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