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25% => News => Topic started by: News Monkey on Thursday, January 3, 2008, 18:47:00



Title: Fitton confident of closing deal
Post by: News Monkey on Thursday, January 3, 2008, 18:47:00
Andrew Fitton says his consortium's takeover of Swindon Town remains on course.

Read more... (http://news.bbc.co.uk/go/rss/-/sport1/hi/football/teams/s/swindon_town/7167806.stm)


Title: Fitton confident of closing deal
Post by: Peter Venkman on Thursday, January 3, 2008, 19:20:51
Quote

There's a bit of negotiation still to happen and it is not quite as clear as everybody would hope," he added.



Dont like the sound of that, I am too pessimistic anyway.


Title: Fitton confident of closing deal
Post by: pumbaa on Thursday, January 3, 2008, 19:29:55
Would I be right to assume the negotiations he refers to are with the FL and/or HMRC relative to the transfer embargo/clearing of debts, rather than with SSW over the terms and conditions of the share transfer? Anyone clued in?

I can't see the article, so its a guess on my part.


Title: Fitton confident of closing deal
Post by: Iffy's Onion Bhaji on Thursday, January 3, 2008, 19:42:26
Quote from: "jjedmunds"
Quote

There's a bit of negotiation still to happen and it is not quite as clear as everybody would hope," he added.



Dont like the sound of that, I am too pessimistic anyway.


Think he is on about the embargo rather than the takeover in general there.


Title: Fitton confident of closing deal
Post by: STFC_Gazzza on Thursday, January 3, 2008, 21:29:50
Quote from: "Iffy's Onion Bhaji"
Quote from: "jjedmunds"
Quote

There's a bit of negotiation still to happen and it is not quite as clear as everybody would hope," he added.



Dont like the sound of that, I am too pessimistic anyway.


Think he is on about the embargo rather than the takeover in general there.


You are correct. Its just ripping quotes from STFC World. Fitton is not worried at all about it falling through.