SWINDON Town Chairman Sir William Patey has confirmed the club is seeking new investment.
After five years of very valuable financial support, the majority shareholder and principal investor, Andrew Black, has stated his desire to attract new owners to The County Ground with Patey commenting on the situation this Thursday morning, following reports in the media pertaining to the club’s future.
With Town currently in the League One play-off places, Patey confirmed that following Andrew Black’s intention to exit the club, there have already been detailed and active discussions with potential new investors.
He said: “Andrew Black has made it clear that he is looking for someone to acquire his majority shareholding in the club and as a consequence the Board has been engaged in detailed discussions with interested parties these past few weeks. The club is also taking professional advice as to how best facilitate an early sale.
“The aim is to attract new owners as Swindon Town is a club with real potential and with a huge opportunity.”