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LEE Power's legal team hit out at Swindon Town FC’s Supporters’ Trust over its support for Clem Morfuni’s bid. The Trust’s deputy chairman Rob Angus provided a witness statement to Mr Standing and Mr Morfuni’s lawyers last week in support of Axis’ bid to take over the club. Mr Angus claimed that the Australian’s offer had been “very well received by the fan base”, who were “very unhappy with the current ownership”. It was suggested that fans might forego reimbursement of season ticket fees for the 2020/21 season if Axis were to take over – estimated to be wort...

History of dispute Football agent Michael Standing claims he has a 50 per cent stake held in trust for him following a verbal agreement with Mr Power in March 2013. He says he has put millions into the club since then via Mr Power.  By contrast, Mr Power, who became chairman in the same year, says Mr Standing was acting as agent for his then client Premier League ace Gareth Barry. Mr Standing obtained a court injunction in November 2019 preventing Mr Power from selling the club without his permission. A five-day hearing to adjudicate on the claims is expected to take place in June 2022.

Swindon Town chairman Lee Power, photographed last year at the Exeter City match Picture: DAVE EVANS Lawyers for Mr Standing and 15 per cent shareholder Clem Morfuni sought to block Mr Power’s attempt to lift both orders. Mr Morfuni’s company, Axis Football Investment Ltd, is keen to buy the club. It has offered to invest £250,000 – although a letter to Mr Power’s representatives asking for more details of Able’s offer had gone unanswered.  Judge Thompsell, the deputy High Court judge hearing the case on Monday, likened the situation to a car speeding headlong towards a wall w...

During the court cases, Mr Power claimed that he would be forced to put the club into administration if he was unable to sell to American-registered firm Able Company Swindon LLC. There remains confusion over the club’s ownership, with claims that up to 50 per cent of Mr Power’s share in the club is held in trust for former Premier League ace Gareth Barry’s agent Michael Standing. An interim injunction, issued in 2019, prevents Mr Power from selling the club or shares in holding companies Swinton and Seebeck without Mr Standing’s permission. A full injunction hearing is expect...

The County Ground Photo: TrustSTFC SWINDON Town Supporters Trust and Swindon Town Official Supporters Club have written a joint letter to the FA and EFL asking the governing bodies to avoid punishing the football club should any of the FA’s charges regarding working with intermediaries be proven. On April 7, 2021, Swindon Town Football Club, owner Lee Power, First Touch Pro Management, and it’s director, Michael Standing were all accused of breaching regulations on working with intermediaries to fund Swindon, sending Town fans into a spate of worry regarding the fate of their club. ...