SWINDON TOWN: Club reveal new investment (From The Wiltshire Gazette and Herald)

SWINDON TOWN: Club reveal new investment

1:04pm Thursday 12th July 2012 in Sport By Owen Houlihan

SWINDON Town have announced new funding to the tune of almost £2million as they aim for back-to-back promotions into the Championship.

Existing investors will plough the money into the club as they back manager Paolo Di Canio's push to reach the second tier of English football.

Town, who have also revealed plans to redevelop their County Ground home, are also seeking additional funding from new investors, with discussions with interested parties expected to start shortly.

Interim chairman Jeremy Wray said: "The new investment is tremendous news. It will help Paolo and his team in the push for the Championship and also progress the long-awaited re-development of the County Ground.

"I look forward to discussions in the coming weeks with prospective new investors who could provide us with further firepower. We have a very exciting season ahead.''

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