Reply To: Is there evidence that Swann doesn’t actually want to sell the ground?

Iron Bru Forums Blast Furnace Is there evidence that Swann doesn’t actually want to sell the ground? Reply To: Is there evidence that Swann doesn’t actually want to sell the ground?

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JasperParrotJasper Parrot
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Registered On: December 31, 2018
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Looking at your point 2 it says nominated by Scunthorpe United Supporters Society Limited. Did Swann even know ?

Sorry, I was slightly inaccurate there. In my memory I’d confused the ACV with the Heads of Terms (they’re both in the same Swann statement from May 2021).

Swann agreed with the principle of the Asset of Community Value (but wanted it to be done slightly differently) and claimed he hadn’t been consulted.

He certainly knew the rules though, which is the point! As Swann explained to fans, “It gives the group about an initial six weeks for consultation and a further 20 weeks to come up with a bid and finances, thus delaying any potential sale of the asset to a new buyer.”

https://www.scunthorpe-united.co.uk/news/2021/may/shareholder-and-fans-update/

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