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Page last updated at 18:50 GMT, Wednesday, 27 April 2011 19:50 UK

Swindon Town chairman Andrew Fitton resigns

Andrew Fitton
Fitton took over the club in 2008 and rescued it from financial collapse

Swindon Town chairman Andrew Fitton has resigned just four days after they were relegated from League One, and will be replaced by director Jeremy Wray.

Fitton took over the club in 2008 after a consortium, of which he was part, bought it from previous owner Sir Seton Wills and his son James Wills.

"People know I have a pretty busy schedule and it was becoming too much," Fitton told BBC Wiltshire.

"I don't think there's anyone more disappointed with this season than me."

He continued: "That became the catalyst for me to take a step back and take some time to recharge my batteries."

Asked what his biggest regret was while at the helm, Fitton said: "Probably not being firmer with the tenure of [former manager] Danny Wilson.

"I think after the board we wanted to be loyal after he got us to the play-offs and everyone wanted to give him the best chance possible.

"We recognised the signs early enough but again wanted to support him. In retrospect I'm sure that will be classified as a mistake."

Wilson resigned as Robins manager in March.

Wray joined the board at the County Ground as part of the takeover with Fitton and his consortium paid off a £900,000 bill to HM Revenue & Customs.

The club were also at serious risk of defaulting on their payment before he took over, effectively saving the club from going under.

It was also revealed that one of Fitton's backers was Sir Martyn Arbib, a 67-year-old Henley-based businessman worth an estimated £370m.

It is understood that Fitton will still be part of the club, but he is stepping down from his role as chairman due to a hectic work schedule.

The board, including Fitton, are due to meet with manager Paul Hart on Thursday morning to discuss his future following Swindon's relegation from League One.

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see also
Swindon chief aims to move fast
26 Apr 11 |  Swindon
Sheff Wed 3-1 Swindon
27 Apr 11 |  League One
Fitton criticises Swindon hunger
05 Apr 11 |  Swindon
Wilson quits as Swindon manager
02 Mar 11 |  Swindon
Swindon develop new stadium plans
21 Oct 09 |  Swindon
Swindon win case against investor
01 May 09 |  Swindon
Swindon Town takeover completed
15 Jan 08 |  Swindon

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