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Swindon Board In Emergency Talks

Swindon Town`s board of directors are holding an emergency meeting after a takeover to save the club has collapsed.

Bob Holt a director at the club has previously stated there is an alternative option should the takeover collapsed however we are usure what that is.

The club is expected to release a statemenet this afternoon outlining the next step.

The club may look to enter administration again however the club would likely be denied the chance to do this. The club owes close to 2m to HM Revenue and Customs as well as 900,00 from a CVA in the Summer.

The club is in dire need of financial help otherwise there may not be a Swindon Town F.C much longer.







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The Journalist

Writer: Aaron Hughes Mail feedback, articles or suggestions

Date:Thursday December 6 2007

Time: 2:01PM

Your Comments (oldest first)

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'Alternative option' - oh I can't wait.....
APG_STFC
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06/12/2007 19:55:00

 

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