TOWN owners were today holding talks with Andrew Fitton's consortium in an attempt to resurrect the Wiltshire businessman's takeover bid for the club.

The Swindon Advertiser understands that James Wills was in meetings with members of Fitton's buying group to try and get the deal back on.

Meanwhile, Sir Seton Wills and Fitton were meeting for lunch to discuss the situation.

A spokesman for the club said this morning: "James Wills will be meeting with members of the Andrew Fitton consortium today and they are hoping there will be a positive outcome.''

As first revealed by www.swindonadvertiser.co.uk, Fitton pulled the plug yesterday morning declaring his bid "a dead deal", leaving Town with up to £5million of debts and the clock ticking on their future.

He blamed the breakdown on two suggested changes to the agreed deal and insisted the club was "too messy" for him to conclude a deal.

Fitton added Town's owners would need to "crawl back on their hands and knees" to resurrect any deal.

Town directors appealed to the Wills family to urgently provide funds to keep the club trading but were also urging the majority shareholders to perform a U-turn and "reach agreement with Fitton" for the sake of the Robins' future.

There have also been unconfirmed reports that members of the Town board were on the brink of resigning.