Northampton town supporters’ trust ‘very worried’ after club is told to repay £10.25 million loan

Members of Northampton Town Supporters Trust with their  'We Want Answers' banner outside Sixfields Stadium. The trust says it is very worried about the club being asked to repay the �10.25 million loan.
Members of Northampton Town Supporters Trust with their 'We Want Answers' banner outside Sixfields Stadium. The trust says it is very worried about the club being asked to repay the �10.25 million loan.

The supporters’ trust of Northampton Town Football Club say it is “very worrying news” a £10.25 million loan made to the club now has to be paid back in full within three weeks.

This morning, after investigations by the Chronicle & Echo, Northampton Borough Council revealed it has given the football club three weeks to pay back the money loaned to the club in 2013 to pay for the East Stand development, or face legal proceedings.

James Averill, press spokesman for the Northampton Town Football Club Supporters’ Trust, said the trust was very concerned by the announcement and had been planing a further protest. He said the group would be seeking an urgent meeting with the borough counil to discuss the matter.

He said: “This is very worrying news.

“The board had held a meeting last night where it discussed the next stage of the We Want Answers campaign.

“Central to those discussions were two aims.

“One was contacting the fans about issues we felt the chairman needed to address.

“The second was to ask for a meeting with the council so that we seek some clarity from them.

“But following this news, we will be urgently seeking that meting, we will also be getting in contact with Supporters’ Direct, to discuss our next move.”

Supporters Direct is a national organisation which works with supporters of football clubs in England and Wales, to give “tactical and campaigning advice,” among other duties.

It is understood the next stage of the #WeWantAnswers campaign, which was started by Cobblers fans to demand more information on the proposed takeover of the club and the stalled East Stand development, was due to take place at the home game against Hartlepool on October 10.