Swindon in deep trouble

[Yorkie]

Swindon call on fans not to panic

Swindon's County Ground home
Club faces closure order
Swindon vice-chairman Mark Devlin has urged fans not to panic after the club was served with a winding-up order.

The order was made after an application by HM Revenue & Customs, and follows one which was made in January after the club defaulted on a £600,000 VAT bill.

Devlin said: "We have been asked to pay outstanding monies to the Revenue, but the situation is under control.

"Money is being put in place to settle this payment, as was always intended, by 18 October."

Devlin, who rejoined the club in September, added: "It is already partly paid and we were a little surprised this issue has gone public as confidentiality was part of our agreement.


"Publicity of these issues just causes people to panic, and there is really no need as the issue will soon be closed."

The January debt was settled after Swindon's benefactor Sir Seton Wills and the club's development partner, property company St Modwen, provided a £750,000 loan.


21 Milton Keynes Dons 13 -3 13
22 Bristol City 12 -6 13
23 Gillingham 12 -7 13
24 Swindon 13 -9 7

 

[Icy Gull]

Defaulting on a 600k vat bill and then having another winding up order served 9 months later is good reason for their fans to start to panic isn't it?

 

[Kinky Gerbil]

o dear

 

[Yorkie]

The trouble is that I don't kinow whether to laugh or start a collection.
My conscience is torn

 

[Kinky Gerbil]

The trouble is that I don't kinow whether to laugh or start a collection.
My conscience is torn

i concur

 

[legalseagull]

this is the same mark devlin who was kicked out of qpr coincidence or what ......................

 

[CHAPPERS]

The trouble is that I don't kinow whether to laugh or start a collection.
My conscience is torn

Laugh at a club getting wound up? Very unlike you, Yorkie?

 

[Kinky Gerbil]

Lets all go to swindon and WANK over them with money

 

[Superseagull]

Don't like the sound of this. Looks like the club have run up a huge VAT bill and are now being bailed out by a property development company. Now why would a property developer want to bail out a football club

 

[Scarface]

Shame, I wanted to watch them struggle and slip down the leagues rather than cease to exist!

 

[Brighton Boy]

hope it sorts itself out.

Good Luck Swindon

 

[Kent Seagull]

Doesn't sound good. I have to say that i have a lot of symathy for any fans whose club is in trouble. Letting property developers anywhere near a football clubs is really risky.