A response to 'changing market conditions'
Scunthorpe United are facing a very real threat to their future, as a potential consortium bid to complete a takeover was withdrawn just days after HMRC issued a winding-up petition for the Iron.
Swann completely denies any connection between his gambling traits and the financial struggles of the football club, stating that he feels the bookmakers “exploited and took advantage” of him during “a very difficult time” in the businessman’s life.This chaos off the pitch culminated in tensions spilling onto the grass, with Scunthorpe fans storming the playing surface during the club’s National League defeat to Woking on Saturday, January 14 to stage a protest.
The news provided optimism for supporters, a chance to look ahead to a potentially bright future, but that has all come tumbling down once again. The statement says: “It is with great sadness we announce we have withdrawn from negotiations to take over Scunthorpe United Football Club.
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