Swindon Borough Council has said it would not represent good value for money to spend millions of pounds propping up the town's ageing Wyvern Theatre, which opened in 1971 and has been quietly getting on with things ever since. Councillor Matthew Vallender said the venue had been "at the heart" of the town's culture for more than 50 years, but that the authority had to be "realistic" and start building the case for a new, purpose built theatre elsewhere.