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The New Era at Swindon Town begins

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You can tell by the excitement on social media over the last few days that finally something good is happening at SN1. We finally have our club back. The proposed ownership battle of the club that has wrangled for months and months is finally over. Clem Morfuni is the new owner of Swindon Town FC. […]
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TrustSTFC Press Release – Update on transition of ownership of STFC to Axis group and Clem Morfuni.

James Spencer 1
Wed 7th July 2021 Press Release Starts TrustSTFC are pleased to see the EFL provide a press release today related to the current situation at Swindon Town FC. The key takeaway we believe from this statement is the extremely positive news that the EFL are working closely with Clem Morfuni and the Axis Group because […]
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A summer of discontent

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A honest assessment from a STFC fan to the current STFC predicament We all knew this was going to be a long arduous summer, but did we really expect to turn out like it has. This is coming from a fed-up fan who honestly is just a little fearful of the circumstances of what has […]
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TrustSTFC Press Release “STFC Ownership Situation and Purchase of Shares from Lee Power”, on Behalf of Axis Group and Clem Morfuni

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Press Release Date: July 4th 2021 Issued by TrustSTFC on behalf of Axis Group and Clem Morfuni regarding STFC Ownership Situation Press Release begins “It is unfortunate, though not surprising, that Lee Power feels able to provide mis-information and to seemingly abandon the club before transferring the shares by, inexcusably : leaving staff unpaid, not […]
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TrustSTFC Press Release- Status of Sale of STFC to Clem Morfuni, Axis Group

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2nd July 2021 The Trust has seen comments/rumours online that Axis and Clem Morfuni don’t have the funds to buy the shares for the purchase of STFC, however the Trust can confirm that Axis has the money for the purchase and is trying to take the proper steps to acquire the shares. If it needs […]
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STFC Accounts Review – Year Ending May 2020

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The accounts were nearly a month late being submitted and relate to the year ending May 2020, which will only include three months of COVID-19 impact.  The accounts are unaudited and lack detail as the club take advantage of being a small company, whereas over 70% of clubs in league one last year produced full […]
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Court publishes judgment from 15.06.21

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The Court has today published its judgment from the hearing of 15.06.21. The Trust’ssummary of that hearing appears here. Today judgment is here The outcome The legal arguments are complicated but, as expected, the outcome is as follows: ● The Court rejected Power’s attempts to delay a decision. ● Power is not entitled to sell […]
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NoMoneyNoPower – Why?

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Introduction This document explains why the Trust – a board of Swindon Town supporters elected by a membership of Swindon Town supporters – is calling for a boycott of income generating activities for Swindon Town whilst under the control of Lee Power.   It is the most difficult decision the Trust has ever made.  It is […]
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Power v Axis Court Case Update 15th June 21

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Highlights: Court has decided that Mr Power has agreed to sell all of his shares in Swinton (and therefore STFC) to Axis The judge has decided that Axis is entitled to purchase these shares. Court has not today ordered Mr Power to transfer the shares, that will have to be dealt with in a future […]
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Paolo Di Canio Rollercoaster ride at Swindon Town

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May 23rd, 2011 was the day that Paolo Di Canio was announced as Swindon Town manager, this was weeks after Swindon were relegated to league 2. Finished Bottom of the table and to think just 12 months previous the club were at Wembley and one game away from promotion to the Championship. Little did we […]
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