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25% => The Boardroom => Topic started by: ronnie21 on Thursday, December 13, 2007, 18:22:33



Title: Swindon Football Holdings Ltd
Post by: ronnie21 on Thursday, December 13, 2007, 18:22:33
Apparently the name of the consortium headed up by Mr Fitton, according to Vital Swindon will complete tomorrow!!


Title: Swindon Football Holdings Ltd
Post by: DiV on Thursday, December 13, 2007, 18:23:14
never heard that before...


Title: Swindon Football Holdings Ltd
Post by: ronnie21 on Thursday, December 13, 2007, 18:26:09
Quote from: "DV"
never heard that before...
Me neither, not claiming I know anything either, just reporting what as on another forum! :wink:


Title: Swindon Football Holdings Ltd
Post by: Phil_S on Thursday, December 13, 2007, 18:26:35
It was the name used last week when Fitton announced they were pulling out.


Title: Swindon Football Holdings Ltd
Post by: STFC_Gazzza on Thursday, December 13, 2007, 18:28:43
Not a huge revelation about Swindon Football holdings.... Fitton put out this press release last week when the deal was off which named the consortium..

A press statement on behalf of Swindon Football Holdings Ltd - the company set up by Fitton's consortium for the purpose of completing the deal - said: "On 16 October 2007, a consortium of investors led by Andrew Fitton signed a Heads of Agreement with the major shareholders of Swindon Town Football Company Ltd (the club) under which details terms were agreed for the acquisition of a 75 per cent interest in the club in return for a substantial cash investment.

"The cash investment would have enabled the club to eradicate its debts, in particular those to HM Revenue & Customs and the remaining debts due under the Corporate Voluntary Arrangement, and would also have provided resources to develop the club.

"On 16 November 2007, following due dilligence, Swindon Football Holdings Limited, the company formed by the consortium for the purpose of making the investment, issued a draft contract to the vendors.

"Since that time there has been no substantial progress on the transaction and a number of deadlines have been passed and, based on a conversation with vendors' advisors this morning, it has become clear that it is unlikely that this matter will reach a satisfactory and rapid conclusion.

"Accordingly Swindon Football Holdings Limited has today informed the vendors that it has no other option than to withdraw from the transaction.

"Swindon Football Holdings Limited regrets that, given the amount of time, effort and money that has already been expended, the transaction has failed to complete and gives the club, its staff, players and fans its best wishes for the future.''


Title: Swindon Football Holdings Ltd
Post by: Red81 on Thursday, December 13, 2007, 18:48:53
I heard this today, but didn't take much notice. Passed it off as the usual. Bring on tomorrow is all I can say.


Title: Swindon Football Holdings Ltd
Post by: ronnie21 on Thursday, December 13, 2007, 19:06:15
Quote from: "Phil_S"
It was the name used last week when Fitton announced they were pulling out.
Sorry, it must have slipped my memory!!  It's an age thing.  Fred called me an old git last week - guess he is right!! :oops:


Title: Swindon Football Holdings Ltd
Post by: Maverick on Thursday, December 13, 2007, 20:36:34
According to Companies House - Swindon Football Holdings Ltd was originally set up as "Crossco" with a date of incorporation of 8th November 2007, and changed their name to Swindon Football Holdings Ltd on 3rd December 2007. Their registered office is in Newcastle upon Tyne.


Title: Swindon Football Holdings Ltd
Post by: ahounsell on Thursday, December 13, 2007, 21:37:51
Its an off the shelf company set up by a Company in Newcastle.

The name was changed to Swindon Football Holdings on Dec 3rd. The registered office was changed on 13th Dec to

HILLDROP LANE   
RAMSBURY     
MARLBOROUGH     
WILTSHIRE SN8 2RB   

The company that set it up is still acting as company secretary. The only other current appointed director is Andrew Charles Fitton.

Nothing else to glean from Companies house other than Fitton has his birthday this coming Sunday.  :beers:


Title: Swindon Football Holdings Ltd
Post by: axs on Thursday, December 13, 2007, 21:43:00
brings back memories, i used to play tennis at the courts just by hilldrop lane. according to my mum Fitton bought the Bell pub in Ramsbury as well.


Title: Swindon Football Holdings Ltd
Post by: wheretherealredsare on Thursday, December 13, 2007, 21:46:38
Read somewhere he will be at the match v Brighton. Hopefully to celebrate, but regardless, what about a CG rendition of HBTY?


Title: Swindon Football Holdings Ltd
Post by: kevjoycreed on Friday, December 14, 2007, 08:19:53
Quote from: "wheretherealredsare"
Read somewhere he will be at the match v Brighton. Hopefully to celebrate, but regardless, what about a CG rendition of HBTY?



 :?:  :?


Title: Swindon Football Holdings Ltd
Post by: wheretherealredsare on Friday, December 14, 2007, 08:41:14
Happy birthday to you ... ahounsell posted above that it's AF's b'day Sunday.


Title: Swindon Football Holdings Ltd
Post by: magicroundabout on Friday, December 14, 2007, 15:48:38
Quote from: "kevjoycreed"
Quote from: "wheretherealredsare"
Read somewhere he will be at the match v Brighton. Hopefully to celebrate, but regardless, what about a CG rendition of HBTY?



 :?:  :?


i didn't get it either


Title: Swindon Football Holdings Ltd
Post by: BANGKOK RED on Friday, December 14, 2007, 15:58:36
HBTY = Happy Birthday to you!!! It's Fitton's birthday Sunday innit.

I'm a genius me.  8)  8)  8)  8)


Title: Swindon Football Holdings Ltd
Post by: kevjoycreed on Friday, December 14, 2007, 16:27:24
:idea:

Seems so obvious now. Got a good excuse tho', suffering proper man flu today.