News

Swindon Could Face Liquidation

|
Image for 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.

Have your say on our poll as well as on our forums.


Share this article

Vital Swindon Blogger

9 comments

Comments are closed.