Swindon have been put up for sale and the club are already in discussions with interested parties about a possible takeover.
Sir William Patey has confirmed on the club's official website that the Robins' majority shareholder Andrew Black, who has been at the club since 2008, is actively seeking fresh investment and has stated his intention to leave.
Patey said: "Andrew Black has made it clear that he is looking for someone to acquire his majority shareholding in the club and as a consequence the board has been engaged in detailed discussions with interested parties these past few weeks.
"The club is also taking professional advice as to how best facilitate an early sale.
"The aim is to attract new owners as Swindon Town is a club with real potential and with a huge opportunity."