The saga over BEST Holdings' bid to take over Swindon Town has taken many twists and turns since it was first announced in July.

Here is how it has unfolded.

July 4: Swindon Town announce a foreign investor has agreed to purchase the club. The identity of the investor is not revealed but promises are made to pay off the outstanding £900,000 Company Voluntary Arrangement. The club promises dynamic changes to the structure of the Town board.

July 11: Former West Ham and QPR defender Rufus Brevett is unveiled as Town's new sporting director. Boss Paul Sturrock says Brevett will act as the new consortium's mouthpiece while also helping scout for new players.

July 18: Two weeks after the deal is announced, fans are still waiting to learn the identity of the investors.

August 6: Paul Sturrock says he expects to sign striker Ibon Arrieta and midfielder Steve Adams. Town's creditors vote on whether to call a further meeting to discuss varying the CVA or failing it, which could see the club wound up.

August 13: Paul Sturrock demands an end to the uncertainty surrounding the takeover as the Robins draw 1-1 at Northampton on opening day. Sturrock reveals he has been informed the takeover will be finalised that day.

August 18: American Jim Little is announced as the face of investors BEST Holdings, the company set to take the reins at the County Ground. Little asks fans to trust him, promises all debts will be wiped out, including the £900,000 CVA payment, but declines to identity his investment partners, labelling the business a "fluid organisation" with partners putting money in and taking money out.

August 21: Chairman designate Jim Little says many of the present board will still be employed under the new regime. Martyn Starnes, Sandy Gray, Mike Diamandis and Bob Holt will all be involved, but not James Wills and Willie Carson. Little expects the deal to be concluded within 20 days.

September 10: Portuguese agent Jose Veiga says his appointment as general manager will not compromise Paul Sturrock's position. The former Benfica man is paraded in front of Town fans during the televised 1-0 defeat to rivals Yeovil. Little says talks have begun with Swindon Borough Council over building a new ground.

October 3: Complications over the club's debts have stalled the takeover says Little. The consortium still want to take full control of the club but talks are at a fragile stage with significant debts still outstanding. The prospective new owners are keen to make sure they are not hit with extra costs once the deal is done.

October 4: Former investor Bill Power pleads with all parties involved in the takeover to safeguard the club's long-term future. He urges people to stop playing games and warns that time is running out if they want to avoid a winding-up order. Power also insists his failed bid to buy the club over a year ago is still on the table.

October 6: Swindon players decide against strike after finally receiving their unpaid September wages.

October 9: Director Bob Holt says the club are rapidly heading towards insolvency''with the major shareholders asked for additional funds for the medium term. Holt says other parties have joined in the race to take over the club and that BEST Holdings' deal exclusivity has expired.

October 10: Swindon fans protest after their home defeat by Cheltenham Town in the Johnstone's Paint Trophy. Supporters make their feelings known about the financial crisis at the County Ground, including a sit-down protest in front of the visiting fans' bus. Manager Paul Sturrock says he has sympathy for the board and that fingers are being pointed at the wrong people.

October 12: Jim Little says there is no truth in rumours that talks have broken down between BEST and shareholders. He also claims that threats and blame from supporters is not helping the situation.

October 16: The club announce the deal with BEST is off but there is a new deal in the offing with another mystery investor.