Vital Football

Latest Swindon Town News

TrustSTFC To Secure Rescue Package

TrustSTFC To Secure Rescue Package

TrustSTFC is preparing for the worst. Should Swindon Town Football Club go into liquidation the Trust are sorting out a rescue package.

The club is facing financial ruin as the club`s proposed takeover was left in tatters last week.

Luckily the club and Fitton`s consortium have met every day since Friday to iron out any differences and get the deal done.

However should the takeover fail, TrustSTFC today have confirmed that should the worst happen they will be in the background waiting with a rescue package to save the club.

In a release sent to members the Trust state "We have a contingency plan for such an eventuality and the early stages of that plan are being put into effect, establishing discussions with the various parties that would need to work together to attempt to rescue the club should it go into receivership. In this we are receiving excellent advice and support from Supporters' Direct, who probably have more experience than anyone else of football clubs on the brink of extinction."

The Trust did go on to say they hope they end up wasting their time and that Andrew Fitton`s takeover of the club succeeds.

TrustSTFC did not mention any names of potential backers of this rescue package however most fans will speculate Bill Power and Phil Emmell would be willing to help after the club failed to talk to a Fans Consortium set up by The Trust and Power last year.

TrustSTFC has continually stated that the Fans Consortium will not go away and is still here.





Exclusive to Vital ! Read now ! The Vital Boxing John H Stacey Interview

Writer:Aaron Hughes
Date:Monday December 10 2007
Time: 5:14PM

Comments

0
Two questions about this rescue package.............. 1) does it make a ticking sound 2) is it addressed to a certain Greek person whose surname starts with D...... c/o Mr S Wills......
APG_STFC
11/12/2007 07:48:00
Page 1/1
  1. 1

Login to post a comment

Recent Swindon Town Articles

Sky's 10 In 10 - Who Features?

Sky Sports being their festive 10 in 10 this week, so who features in the football screening overload for 2016/17?

500,000+ Season Tickets Sold In 2016/17

More than 500,000 Season Tickets were sold in the Football League pyramid for the 2016/17 season.

How Do Swindon Fare In The BBC's 2016 Survey?

The BBC's Price Of Football survey for 2016 was released a week last Wednesday evening and as ever they looked at everything from the price of tickets through to the price of pies...

Smith In Team Of The Week (28/11/16)

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

Write for Vital Swindon
Write For Vital Swindon
Apply Here

Current Poll (see more polls)

Where do you think Swindon Town will finish in 2016/17?
Suggested By:
Champions5%
Playoffs28%
Mid Table36%
Relegated31%
Don't Know0%

League Table

# Team P W D L Pts. GD
1 Scunthorpe 20 13 5 2 44 24
2 Bolton 20 12 4 4 40 12
3 Sheff Utd 20 11 5 4 38 12
4 Bradford 20 9 8 3 35 9
5 Rochdale 20 9 3 8 30 2
6 Peterborough 19 8 5 6 29 7
7 Wimbledon 20 7 8 5 29 6
8 Fleetwood 20 8 5 7 29 5
9 Millwall 19 8 4 7 28 1
10 Southend 20 7 7 6 28 -1
11 Charlton 19 6 9 4 27 7
12 Port Vale 20 7 6 7 27 -5
13 Bristol Rovers 20 7 6 7 27 -6
14 Oxford 20 7 5 8 26 0
15 Gillingham 20 7 5 8 26 -3
16 Walsall 20 6 8 6 26 -5
17 Northampton 20 6 6 8 24 0
18 Swindon 20 6 5 9 23 -7
19 MK Dons 20 5 6 9 21 -5
20 Bury 20 6 2 12 20 -10
21 Coventry 20 4 7 9 19 -8
22 Chesterfield 20 5 3 12 18 -10
23 Oldham 19 3 8 8 17 -10
24 Shrewsbury 20 3 6 11 15 -15
Write for Vital Football
Latest F1 News
Latest Vital Boxing News
The Vital Football Members League

Recent Swindon Town Results (view all)

Swindon Town Fixtures (view all)

Dec 10 2016 3:00PM : Sheffield United (a)
Sky Bet League One
Dec 17 2016 3:00PM : Fleetwood Town (H)
Sky Bet League One
Dec 26 2016 3:00PM : Millwall (a)
Sky Bet League One
Dec 30 2016 7:45PM : Milton Keynes Dons (a)
Sky Bet League One
Jan 2 2017 3:00PM : Southend United (H)
Sky Bet League One
Jan 7 2017 3:00PM : Shrewsbury Town (H)
Sky Bet League One
Vital Football Comment