MP says he is willing to ‘mediate’ between Cobblers and Northampton Borough Council over loan legal threat

Borough Council Leader, David Mackintosh, and Chairman of Northampton Town FC, David Cardoza, look over the new plans for Sixfields. ENGNNL00120130810121502

Borough Council Leader, David Mackintosh, and Chairman of Northampton Town FC, David Cardoza, look over the new plans for Sixfields. ENGNNL00120130810121502

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Northampton South MP David Mackintosh said he would be willing to ‘mediate’ between the borough council and Northampton Town after the football club was asked to repay a £10.25 million loan within three weeks.

Mr Mackintosh was leader of Northampton Borough Council when the authority agreed to grant the Cobblers up to £12 million to increase the capacity of Sixfields to 10,000 through an overhaul of the East and West stands. He stepped down after winning the Northampton South seat the General Election.

However today, with the East stand remaining far from finished, the council has said it has demanded the loan money is returned as Cobblers had missed two repayments of the loan.

The council said it was also concerned the proposed takeover of the club “did not seem to be progressing” as planned.

Mr Mackintosh, said in a short statement today: “This is very concerning. Everyone supports the football club, but this situation cannot continue.

“As someone who was involved in this process from the beginning but hasn’t been for some months, I would be happy to mediate between the borough council and the football club if it would help resolve the situation.”