ronnie21
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The Mighty Hankerton
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« on: Thursday, December 13, 2007, 18:22:33 » |
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Apparently the name of the consortium headed up by Mr Fitton, according to Vital Swindon will complete tomorrow!!
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DV
Has also heard this
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Joseph McLaughlin
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« Reply #1 on: Thursday, December 13, 2007, 18:23:14 » |
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never heard that before...
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ronnie21
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The Mighty Hankerton
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« Reply #2 on: Thursday, December 13, 2007, 18:26:09 » |
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never heard that before... Me neither, not claiming I know anything either, just reporting what as on another forum!  |
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Phil_S
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Who changed my Avatar ?!
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« Reply #3 on: Thursday, December 13, 2007, 18:26:35 » |
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It was the name used last week when Fitton announced they were pulling out.
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From the Dark Side
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STFC_Gazzza
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« Reply #4 on: Thursday, December 13, 2007, 18:28:43 » |
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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.''
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Red81
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« Reply #5 on: Thursday, December 13, 2007, 18:48:53 » |
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I heard this today, but didn't take much notice. Passed it off as the usual. Bring on tomorrow is all I can say.
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Victory is sweet even deep in the cheap seats
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ronnie21
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The Mighty Hankerton
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« Reply #6 on: Thursday, December 13, 2007, 19:06:15 » |
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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!!  |
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Maverick
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« Reply #7 on: Thursday, December 13, 2007, 20:36:34 » |
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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.
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ahounsell
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« Reply #8 on: Thursday, December 13, 2007, 21:37:51 » |
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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.  |
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axs
naaarrrrrppppp
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« Reply #9 on: Thursday, December 13, 2007, 21:43:00 » |
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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.
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wheretherealredsare
Change me
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« Reply #10 on: Thursday, December 13, 2007, 21:46:38 » |
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Read somewhere he will be at the match v Brighton. Hopefully to celebrate, but regardless, what about a CG rendition of HBTY?
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kevjoycreed
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« Reply #11 on: Friday, December 14, 2007, 08:19:53 » |
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Read somewhere he will be at the match v Brighton. Hopefully to celebrate, but regardless, what about a CG rendition of HBTY? :?: :? |
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wheretherealredsare
Change me
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« Reply #12 on: Friday, December 14, 2007, 08:41:14 » |
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Happy birthday to you ... ahounsell posted above that it's AF's b'day Sunday.
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magicroundabout
Fanta Pants
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« Reply #13 on: Friday, December 14, 2007, 15:48:38 » |
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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 |
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BANGKOK RED
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« Reply #14 on: Friday, December 14, 2007, 15:58:36 » |
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