Swindon going into administration in next 24 hours?? (1 Viewer)
- Thread starter Diehard Si
- Start date
We shouldn't wish admin on anyone.
Remember when we thought Pompey going into administration would save us from relegation?
Remember when we thought Pompey going into administration would save us from relegation?
Yes, this was a development after the initial story.
I've edited the first post incase anyone is still struggling to understand the events.
I've edited the first post incase anyone is still struggling to understand the events.
Swindon avoid threat of administration after takeover by local consortium
Swindon have announced a consortium has bought the club, subject to Football League approval.
The Robins were recently placed under a transfer embargo and there was speculation that the npower League One club could fall into administration.
However, the club have now reached agreement on a takeover which should safeguard their future. No details of the consortium itself were released, though reports suggest it is led by Banbury owner Jed McCrory.
Swindon have announced a consortium has bought the club, subject to Football League approval.
The Robins were recently placed under a transfer embargo and there was speculation that the npower League One club could fall into administration.
However, the club have now reached agreement on a takeover which should safeguard their future. No details of the consortium itself were released, though reports suggest it is led by Banbury owner Jed McCrory.
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Yes and if you had researched this thread before posting on the forum you would have noticed that the takeover story came out AFTER. :banghead:
But ain't we guilty of the same thing. Over spending when we was in the prem league got us into the financel mess we are in now.