Swindon Town back in court as next winding-up petition date set

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Swindon Town are defending a winding-up petition in London's Insolvency and Companies Court. Picture: SWINDON BOROUGH COUNCIL
Swindon Town are defending a winding-up petition in London's Insolvency and Companies Court. Picture: SWINDON BOROUGH COUNCIL

The date for Swindon Town’s next court showdown has been set.

Town will be back in court next month where it will be decided whether to throw out Able’s winding-up petition, or substitute another creditor in their place.

Able have also had permission to appeal the judge’s ruling that the dispute was not suitable for a petition.

As previously reported, Deputy Insolvency Judge Stephen Baister last week ruled the £100,000 disputed debt owed by Swindon Town Football Company Ltd, which controls the club, and to AC Sports Wiltshire LLC, also known as Able, is “capable of being disputed on grounds that are not fanciful but of sufficient substance to warrant dismissing the petition”.

Town had argued that the ‘loan’ was actually a non-refundable deposit for preliminary due diligence.

After the judge ruled the petition should be dismissed, another creditor, Centreplate UK, applied to have its name substituted in.

That firm claims that the club owes it around £312,000, although very little detail about the debt has been made public.

Town opposed this last week and Judge Baister adjourned the hearing for the club to make submissions. It is expected in the next hearing he will rule on whether to allow substitution.

It will take place at London’s Insolvency and Companies Court on September 22 at 2pm.