Council is getting anxious about Northampton Town buyout says Labour leader

Photo shows the view through the now locked up gates of the East Stand development site at Northampton Town Football Club.
Photo shows the view through the now locked up gates of the East Stand development site at Northampton Town Football Club.
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A report set to go to Northampton borough Council’s cabinet tomorrow night show the authority is “very nervous” about the sale of Cobblers, according to the town’s Labour group.

It has been three weeks since Northampton Town chairman Davis Cardoza announced the club was in the process of being sold to an Indian consortium.

The authority loaned Northampton Town Football Club £12 million in 2013 to complete an overhaul of its stadium.

But works to the East Stand at Sixfields have yet to be completed and a fortnight ago, Mr Cardoza said the new buyers would even consider scrapping the current development plans and drawing up new ones.

A paper set to go to the council’s ruling cabinet tomorrow (Wednesday, July 15) states that council officers “have yet to discuss” any revised stadium plans with the potential buyers.

It asks the members to delegate power to chief executive David Kennedy “to take such actions as may be required to ensure that the council’s position is protected in relation to Northampton Town FC,” adding that the council has “requested a meeting with appropriate representatives of the consortium.”

However it goes on to say that at the time of writing “the date and time of the meeting had not been agreed.”

Leader of Northampton’s Labour group Councillor Danielle Stone (Lab, Castle) believes the report shows the council is anxious about the takeover of Northampton Town.

She said: “What this cabinet report shows is that the borough council is completely in the dark and is very nervous about the council’s position in relation to Northampton Town Football Club.

“It shows they still have not had a meeting with the Indian Consortium and don’t even have a date in the diary.

“I am pleased the Council is now trying to protect itself but I still hope that whoever owns the football club, the fans will get a bigger and improved stadium at the end of it.”