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25% => News => Topic started by: News Monkey on Thursday, February 21, 2013, 16:00:03



Title: Adver News: Town confirm sale of club
Post by: News Monkey on Thursday, February 21, 2013, 16:00:03
Town confirm sale of club
           
           



  SWINDON Town have released a statement confirming that the Football League have formally approved the sale of the club to new owners.

           

http://www.thisisswindontownfc.co.uk/news/headlines/10244458.Town_confirm_sale_of_club/?ref=rss
           
           
           


Title: Re: Adver News: Town confirm sale of club
Post by: HardCorePrawn on Thursday, February 21, 2013, 17:19:45
I think this will be looked back on as a good week for the club. Andrew Black has swallowed a loss of £10 million but left a good squad for the new owners. Di Canio has gone along with the unsustainable wage bill that he and his mates had managed to secure - along with his agent who was integral to most of the player deals. Remember Swindon paid £450K in agents fees last season ( http://www.football-league.co.uk/staticFiles/82/b7/0,,10794~178050,00.pdf  (http://www.football-league.co.uk/staticFiles/82/b7/0,,10794~178050,00.pdf) ) which was not much less than the other 23 Div 2 clubs together. Only one other club, Crawley, spent more than £100K and they were over £300K behind Town.