SWINDON Town, the club's owner and chairman, Lee Power, First Touch Pro Management, and its Company Director, Michael Standing have today all been charged by the Football Association over breaches of regulations on working with intermediaries.
A statement released on Wednesday evening by an FA spokesperson reads: “It is alleged that Swindon Town FC, Lee Power, First Touch Pro Management and Michael Standing breached Intermediary Regulations in relation to the ownership and/or funding of Swindon Town FC.
“Swindon Town FC, Lee Power, First Touch Pro Management and Michael Standing have until April 22, 2021 to provide responses to their respective charges.”
In a very brief statement on Swindon Town Football Club’s website, the County Ground club said it was made aware of the charges on the morning of Wednesday, April 7, 2021 and would be seeking legal advice before going onto state it would be making no further comment at this time.
In February of this year, Power claimed the Wiltshire outfit was on the brink of bankruptcy just days after selling Diallang Jaiyesimi to Charlton Athletic for a significant six-figure fee.
The Town chairman had also previously suggested the club could go into administration last year after the 48-year-old failed to overturn an injunction which would prevent him selling the club to American company Able for £7.5 million.
Meanwhile, Standing and Power are currently entangled in a court case over a 50 per cent stake in Swindon's holding company.
Under FA regulations, agents are not allowed to own clubs because of potential conflicts of interest.
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