Swindon going into administration in next 24 hours?? (1 Viewer)

[Brighton Sky Blue]

Are we a little jealous we haven't got a pot to piss in and couldn't do the same, even if we wanted to?

Well considering we run at a loss, we kind of do.

 

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[dongonzalos]

Someone buying a club in league one that lose money month after month.

Surely not?

 

[SkyBlue_Bear83]

Matt Ritchie gone to Bournemouth from Swindon

 

[BackRoomRummermill]

Swindon are just about to be bought out I think and not going into admin

 

[torchomatic]

We shouldn't wish admin on anyone.

Remember when we thought Pompey going into administration would save us from relegation?

 

[covcity4life]

We shouldn't wish admin on anyone.

Remember when we thought Pompey going into administration would save us from relegation?

it gave us a fighting chance

 

[tippex9]

3 hours left then......

 

[Diehard Si]

Yes, this was a development after the initial story.

I've edited the first post incase anyone is still struggling to understand the events.

 

[Hugh Jarse]

it gave us a fighting chance

No it didn't, it just prolonged the agony.

 

[skybluenewman]

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.

 

[Diehard Si]

I don't know why people don't just research before posting on the forum

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:

 

[SkyBlue_Bear83]

Swindon are looking to sign B. Wright Phillips and Danny Green

 

[wolfie]

Tricky one this - I'm inclined to agree from a fan's perspective but if the club is spending beyond it's means and the owners are not making up the difference then it's not fair on the creditors of that club and obviously bad for football as we all know so in a way it's an unfair advantage and they should be penalised for it

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.