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Title: Adver News: We are in safe hands - Watkins Post by: News Monkey on Thursday, April 28, 2011, 06:00:02 We are in safe hands - Watkins
SWINDON chief executive Nick Watkins has allayed fears the resignation of Andrew Fitton as chairman will hit the club financially, but did reveal they are on the lookout for new investors. http://www.thisisswindontownfc.co.uk/news/headlines/8996598.We_are_in_safe_hands___Watkins/?ref=rss Title: Re: Adver News: We are in safe hands - Watkins Post by: thedarkprince on Thursday, April 28, 2011, 06:49:46 Quote SWINDON chief executive Nick Watkins has allayed fears the resignation of Andrew Fitton as chairman will hit the club financially, but did reveal they are on the lookout for new investors. So if the board aren't on their way out, why do we need new investors? Or is this a case of the board not wanting to splash the cash and run the club as a proper business? Title: Re: Adver News: We are in safe hands - Watkins Post by: Batch on Thursday, April 28, 2011, 07:02:09 In reality it has probably always been the case they want to spread the burden. But it still sets the spidey sense tingling.
Title: Re: Adver News: We are in safe hands - Watkins Post by: A Gent Orange on Thursday, April 28, 2011, 07:07:43 Agreed. I read that nothing has changed - they are always looking for new investors. Plus it is probably part of the previous answer about Fitton remaining on board.
Title: Re: Adver News: We are in safe hands - Watkins Post by: pauld on Thursday, April 28, 2011, 07:10:03 So if the board aren't on their way out, why do we need new investors? Or is this a case of the board not wanting to splash the cash and run the club as a proper business? According to the article, less revenue in L2 = greater shortfall to cover and so looking to spread the burden a bit. And not in the article but I'd guess also a factor, they'll be looking for other investors for the stadium redevelopmentAnd from the article, for "illiterate Adver" watchers: Quote he know longer wishes to have the responsibility of chairing the board :doh: literally, schoolboy errorTitle: Re: Adver News: We are in safe hands - Watkins Post by: chalkies_shorts on Thursday, April 28, 2011, 07:51:14 :doh: literally, schoolboy error quite apt given the headline and our play this season |