
September Update
Hello TrustSTFC members please find below a number of updates which members and fans have asked for details on over the last few weeks. We wanted to therefore provide an update on these specific points to all members and fans.
County Ground Purchase Update
Prior to the Covid19 Pandemic the complex legal process required in order to purchase the County Ground in a combined bid (50/50) with Swindon Town FC from Swindon Borough Council was very close to being in a position where the joint venture needed to progress the purchase was ready for signing. However due to the combination of the Covid19 situation and then the uncertainty of the ownership of the football club brought about by the court cases earlier in the year in Londons High Court means things have unfortunately had to be put on hold. Before the purchase can progress further and be completed successfully It is imperative that the ownership legal debate around the football club is resolved and we all have clarity on the actual owner and relevant shareholdings.
Once the ownership situation is resolved, which could be in or out of court it is unlikely that we will see any further progress on the purchase. However if that situation changes or progression is made in any way we will of course keep all our members and fans updated accordingly.
TrustSTFC Membership and Newsletter
Just a reminder that we do issue a regular TrustSTFC newsletter when we have news to share on all Trust related activities and the County Ground Purchase with the football club. The frequency of these newsletters has been significantly less since February when the Covid pandemic hit us all, largely this has been cause of lack of updates to share with Members and fans, however we will endeavour to continue providing these newsletter updates when there is news to share.
We have received some feedback recently that TrustSTFC members are not receiving their newsletters from us.
Should you not be receiving your newsletter please do let us know by using the contact us page on the Trust website here
If you would like to explore some of the frequent questions we get asked regarding the CG purchase and other topics please do have a look at our comprehensive FAQ page on the website here
Finally we hope all town fans are keeping safe and healthy in these difficult times and although it is unlikely we will return to the CG to watch our beloved Swindon anytime soon you are at least enjoying the games on the live streams that the club are providing.
COYR
The Trust Board.