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Northampton Town In Talks With New Owners

Wed 24th Jun 2015 | Clubs Ownership

Northampton Town FC have confirmed they are in talks with an Indian consortium that is to take a controlling interest in the club.

Chairman, David Cardoza said the League Two club has reached initial agreement with new owners who will also buy into plans to redevelop the club’s Sixfields Stadium.

Mr Cardoza, whose family are the current owners of the club, said: “Heads of Terms have been signed for new owners who will also become involved in the redevelopment of Sixfields and the land surrounding the stadium. 

“This deal will be a very positive move for the football club and its future.  This is exciting news for the club, its staff and the people of Northampton and it will bring significant investment into Northampton.” 

Mr Cardoza said that further information will be announced at an appropriate time in the future.

He added: “We would like to thank fans for their patience while due process takes its course and we will issue further updates as soon as we are able.”

Posted by: Aaron Gourley

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