Swann in April: “It was revealed that the club’s Glanford Park ground and other assets have been transferred to Swann’s Coolsilk Property and Investment company, with £11m owed to Coolsilk being written off in the process. Speaking to the BBC, Swann defended the deal, and insisted it will protect the club for a period of “999 years”.
Swann in October: “I am working on a project on our site which would ease that pressure on us, without risking the football club and has meant a temporary move of the ground and assets to its parent company whilst we work on this and I can assure everyone that once all this has been completed, the ground and training facilities will be back in Scunthorpe United Ownership.”
Swann’s word is his bond…In April he said that he had taken the assets as repayment for his loans. In October he said that the assets were transferred as a ‘temporary measure to aid future investment’. Those two statements are in direct conflict.
I am starting to think that he ‘misspeaks’ more than Boris Johnson!
