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 Post subject: Swindon well in the brown stuff...
PostPosted: Fri Dec 07, 2007 4:36 pm 
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On the verge of receivership?! :shock:

http://news.bbc.co.uk/sport1/hi/footbal ... 133067.stm

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 Post subject: Re: Swindon well in the brown stuff...
PostPosted: Fri Dec 07, 2007 5:15 pm 
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me and Mad John were talking about this in the N.R.A. on Tuesday. They've already been in administartion three (?) times previously, so company law dictates they can't do it again I think(?) so receivership is their only option.
Anyway, I wondered why Blockbusters wasn't on telly anymore, he's now Swindon's chairman.
No wonder Sturrock left for Plymouth!!!!!
So, Luton and Swindon look f***d, Cheltenham, Port Vale and Bournemouth are shite, surely we will not flirt with the bottom four now??? bbolt

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 Post subject: Re: Swindon well in the brown stuff...
PostPosted: Fri Dec 07, 2007 5:16 pm 
parmopooly wrote:
me and Mad John were talking about this in the N.R.A. on Tuesday. They've already been in administartion three (?) times previously, so company law dictates they can't do it again I think(?) so receivership is their only option.
Anyway, I wondered why Blockbusters wasn't on telly anymore, he's now Swindon's chairman.
No wonder Sturrock left for Plymouth!!!!!
So, Luton and Swindon look f***d, Cheltenham, Port Vale and Bournemouth are shite, surely we will not flirt with the bottom four now??? bbolt



I didn't know you and MJ owned a rifle, you don't seem the sort :laugh: :grin:


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 Post subject: Re: Swindon well in the brown stuff...
PostPosted: Fri Dec 07, 2007 5:21 pm 
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if he'd got it off me, he would have deffo pointed it at me napper, like.

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 Post subject: Re: Swindon well in the brown stuff...
PostPosted: Sat Dec 08, 2007 11:28 am 
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Their time in the brown stuff didn't last all that long...



Takeover talk back on at Swindon
Swindon are striving to salvage a takeover deal, BBC Sport understands.

Local businessman Andrew Fitton, who is heading up a consortium to buy the club, had called off the deal citing "unacceptable conditions" on Thursday.

But he has since met the club's main shareholder Sir Seaton Wills and there is renewed hope a deal can be struck.

Swindon are £5m in debt and shareholders are desperately trying to raise money to prevent the League One club being forced to close.

"Receivership is something that we will avoid at all costs, although any creditor could go to the courts," said director Bob Holt.

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