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SWINDON TOWN: Town takeover set for completion next week
THE sale of Swindon Town will not be completed until next week, the Advertiser understands.
A consortium fronted by Banbury United owner Jed McCrory is set to assume control at the County Ground, buying up around 75 per cent of the shareholding in the club from Andrew Black.
The Adver has learnt that four of the prospective new directors of the Robins have received Football League approval, and that the deal is tantalisingly close to being finalised. However, a few remaining details need to be addressed before the League can officially rubberstamp the takeover.
McCrory is believed to still be waiting for special dispensation from the relevant authorities which would enable him to hold positions at both Swindon and Banbury until the end of the season, while a meeting between Town’s incoming board and the Football League will take place as soon as possible next week to finally sign off the sale of the club.
The speed at which the deal is being pushed through is understood to be a reason behind the League’s delay in sanctioning the takeover. The consortium fronted by McCrory has only been in negotiations with the current board at the County Ground for a little more than three weeks.
Until such time as the League sanctions the sale of the Robins it is believed Swindon will continue to be unable to sign players in the emergency loan window, which opened yesterday.
The Advertiser has learnt that Town are set to miss out on Charlton winger Danny Green, who despite agreeing to a switch to Wiltshire on transfer deadline day looks set to move elsewhere. Marlon Pack is still expected to arrive from Cheltenham, while it remains to be seen whether or not Bradley Wright-Phillips becomes a Swindon player in the coming days.
Town manager Paolo Di Canio met with members of McCrory’s consortium on Thursday and talks are believed to have been positive. The Italian is understood to have been searching for assurances that he will be backed in his efforts to deliver Championship football to Swindon inside 18 months.
Di Canio is expected in the dug-out when the Robins entertain Hartlepool United in League One this afternoon as speculation regarding his future dominates footballing conversation in the town. The Italian has not approached the topic since issuing a statement to the Adver last week in which he said he was “considering his position” at Swindon.
Meanwhile, Lee Cox has joined Plymouth on loan until the end of the season. Argyle’s interest in the midfielder was first revealed by the Advertiser on Thursday.