WILKS UPSET BY SWINDON BID CRITICISM
Businessman Mike Wilks responded last night after the fans consortium bid to buy out majority shareholder Sir Seton Wills was criticised by the club.
The group, backed by former investor Bill Power and represented by business executive Wilks, submitted proposals to the club's solicitors Clark Wilmott earlier this week.
But those proposals - which included taking over the club's current liabilities and renaming the Stratton Bank in honour of the Wills family - in an eight-paragraph letter were labelled too "speculative" and "general" on Swindon's official website yesterday.
But Wilks explained that the consortium was not at liberty to provide further information until the group was clear on the full extent of the club's existing debt.
Wilks said: "I am saddened by this response to the proposals.
"It is very difficult to offer extremely detailed financial proposals without any of the relevant information pertaining to the club's existing liabilities."
http://www.westpress.co.uk/displayNode.jsp?nodeId=150309&command=displayContent&sourceNode=150308&contentPK=16250527&pNodeId=150310