I think you will find that Swann did indeed “write off” £11M of debt. If we had still owned the ground and been that much on debt we would definitely have been wiped out (you could always up the Swanny!!)
He could easily have refused to let us have the ground back and looked to have developed it. He didn’t.
Whilst the man was a disaster for our club, I think it was down to stupidity and an unwillingness to listen to anyone that caused the problems. Unlike Hilton who was just an out and out chancer.
We are so fortunate to have come through those years relatively unscathed compared to other clubs. We still have a team to support and a ground of our own.