TrustSTFC have said that they are concerned about the growing debt at Swindon Town and the ramifications that could have in the future.

The supporters’ trust has consistently said that they are concerned by the level of debt Swindon possess, in the open letter in May and statement in October, and have called for this to be converted into equity.

In an interview with BBC Radio Wiltshire this week, TrustSTFC chair Neil Hutchings said that he remains concerned about the ramifications of the high level of debt the club is in.

He said: “I think that away from what happens on the pitch, we have spent the last year trying to work closely and helping the club with some of the areas that we think they were failing in.

“We have not said anything publicly that we have not said to either Clem or Anthony Hall, the CEO, privately and we will continue to do that.

“One of our key concerns is when people say ‘Clem is continuing to fund the club, why are you challenging that?’

“We have got to be honest that if Clem hadn’t stepped in after Lee Power passed over the ownership then we would be in a very dark place.

“We also need to recognise that Clem inherited a bad hand of cards, he probably inherited around £5 million in debt including the debentures and by paying the debenture off the club are in a far more secure position today than it was then.

“Since then, Clem has had to continue to fund the club probably to the tune of £1.5 million a year, so although the club haven’t released any updated finances for nearly a year now, we suspect that the debt owed to Clem Morfuni is probably in the region of £9-10 million.

“He has said that he is not claiming interest on that and he is not taking money out of the club, so because we don’t have visibility of the accounts we have to take that at face value.

“It is all well and good us relying on the overdraft facilities that Clem Morfuni is giving us but in five years time that [debt] is going to be nearer £20 million.

“From a Trust perspective, we feel it is fine Clem funding us day to day but what is he doing to help take the club forward? How is he generating that additional revenue? How is he bringing supporters in and bringing back supporters?

“If we don’t start tackling those issues then we shouldn’t be surprised when we are £15-20 million in debt.

“At some point, whether it is Clem running out of cash or deciding to sell or whatever those circumstances are then we will be in a far darker position than we are today.

"We have to start addressing some of these other issues, if he doesn't, for the sake of the long-term security of the club, I don't see how continuing to build up debt year on year with no solution to pay it off helps anybody."