Swindon Town may be claiming a first round victory' in their legal battle against Bill Power - but the former QPR chairman is still "100 per cent confident" he will win the war.

The club released a strongly-worded statement yesterday, urging Power to settle his claim for £1.12m out of court, after his attempt to bring the judgement forward was rebuffed.

Town say the High Court's decision to hear the case in full proves the strength of their argument that Power's money was invested in shares, but Power has rubbished these claims.

He is still adamant the £1.12m was a loan and insists the latest court judgement has done nothing but prolong Town's losing battle.

The club have also questioned the real motives behind Power's court battle, while insisting the acceptance by him and business partner Phil Emmel of the decision to continue the legal process shows even they think they might have got it wrong.

Power invested £1.12m into the club in the summer of 2006 and there has been debate ever since about whether it was a loan or as shares.

He said: "I am totally speechless they have put that statement up. I don't know what to say really other than I will see them in court.

"The court's decision to hear the case certainly does not mean we have lost. Far from it, we will win as it will be proved the money was a loan."