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Swindon Could Face Liquidation

Swindon Could Face Liquidation

Swindon Town Football Club could go into liquidation at any time it has been revealed.

As the club has failed the CVA agreement made in 2002 and with no offer to buy the club on the table now, it is believed that revenue and customs have lost patience and will look to wind the club up very shortly.

The Swindon Town board of directors are trying to pusuade the owners of the club to sell to Fitton under the original terms that were agreed to.

If Town do not do a dramatic U-Turn, unless additional funds are found to clear the current debts which are mounting up, then it is almost certain the club will cease to exist unless the club is able to find alternative funding.

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Writer:Moonraker1969
Date:Friday December 7 2007
Time: 8:37AM

Comments

0
Good luck Swindon, from Vital Bournemouth
DJ
07/12/2007 08:49:00
0
I hope we go bust for the fans' sake - maybe then we can set-up a new club AFC Wimbledon style and we can move-on. It's about time Swindon fans started boycotting these games.
Wellsy
07/12/2007 10:21:00
0
how is boycotting games going to help??
vgallon
07/12/2007 10:30:00
0
its not but we need to find ways of getting in the boards faces intill a deal is sorted ( legally of course )
lawz1981
07/12/2007 13:14:00
0
camp outside their homes....
vgallon
07/12/2007 14:26:00
0
Thanks DJ , We feel for your current plight as well.
STFC_Gazza
07/12/2007 17:33:00
0
Boycotting the matches wont make any difference, except penalise the fans. Were so debt ridden they wouldnt notice any difference financially
mandrossian
07/12/2007 20:05:00
0
Thanks DJ good luck in your situation too!
APG_STFC
07/12/2007 20:37:00
0
To keep this topic going please feel free to post in the forums http://www.swindon.vitalfootball.co.uk/forum/category-view.asp
STFC_Editor
09/12/2007 11:03:00
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