Post by Main Admin Account on Apr 27, 2006 10:55:53 GMT -1
A new investor has promised to sink at least £1m into struggling Swindon Town Football Club.
Bill Power, a former director at Queens Park Rangers, will also join the club's board of directors.
The investment came after Swindon's deputy chairman and former QPR employee, Mark Devlin, approached Mr Power for help.
"I'm not Roman Abramovich, I've not got billions sat away, but it won't end there," he told BBC Radio Swindon.
"It's about helping the club as a whole. I'm not going to say let's go and spend £200,000 on a player, I won't do that until it's needed.
"There's 100 different things that make a club successful, and it's not just pumping money into players, although keeping our best players and keeping them happy is part of that."
Swindon have faced difficult times in the past few seasons, including several winding up orders.
The club is currently facing relegation into the bottom division for the first time in 20 years.
It has also had plans for a new stadium at Shaw Community Forest turned down, but is currently examining the possibility of redeveloping its current home, the County Ground.
Bill Power, a former director at Queens Park Rangers, will also join the club's board of directors.
The investment came after Swindon's deputy chairman and former QPR employee, Mark Devlin, approached Mr Power for help.
"I'm not Roman Abramovich, I've not got billions sat away, but it won't end there," he told BBC Radio Swindon.
"It's about helping the club as a whole. I'm not going to say let's go and spend £200,000 on a player, I won't do that until it's needed.
"There's 100 different things that make a club successful, and it's not just pumping money into players, although keeping our best players and keeping them happy is part of that."
Swindon have faced difficult times in the past few seasons, including several winding up orders.
The club is currently facing relegation into the bottom division for the first time in 20 years.
It has also had plans for a new stadium at Shaw Community Forest turned down, but is currently examining the possibility of redeveloping its current home, the County Ground.