SM
Man City vs. Spurs: 21 hrs 23 mins
Upcoming predictions and previews

Northampton Town issued with winding-up petition

:Headline: Northampton Town issued with winding-up petition: ID:252445: from db_amp
League Two side Northampton Town are issued with a winding-up petition after seeing a proposed consortium takeover break down earlier this week.

Northampton Town have been issued with a winding-up petition by HM Revenue and Customs over outstanding payments.

The Cobblers were dealt a big blow earlier this week when an Indian consortium pulled out of a planned purchase of the club.

A 21-day deadline to pay back a loan from Northampton Borough Council is set to expire on Thursday afternoon, but chairman David Cardoza is confident that the matter can be resolved in due course.

"Talks have been ongoing with the Council," he said in a statement on the club's official website. "We are putting proposals to Northampton Borough Council regarding the repayment of the loan which we hope will prove satisfactory to them and that process is ongoing as we speak.

"I fully appreciate that, off the pitch, there only seems to be bad news for supporters at the moment but we are working towards, and we believe we are close to, a conclusion on all matters that tidies up all of the issues surrounding the club and allows it to move forward to a much brighter future."

On the subject of the sale of the club, Cardoza added: "Meetings have and are continuing this week and we are very close to reaching an agreement to one of a number of interested parties and we believe we will have some definite news very soon.

"The potential purchasers are well aware of all the issues, including the HMRC discussions."

Northampton are currently eighth in the League Two table.

amp_article__252445 : Database Data restored...  : 
last updated article - 2015-10-16 16:20:14:
html db last update - 2015-10-16 16:20:14 :

ex - 7200 : read : read cache amp html

Click here for more stories about David Cardoza

Click here for more stories about Northampton Town

Share this article now:
Read more about David Cardoza Football
Recommended Next on SM
Premier League Table
TeamPWDLFAGDPTS
1Wycombe WanderersWycombe14102232161632
2Birmingham CityBirmingham1393124121230
3Wrexham1584322111128
4Stockport CountyStockport167632617927
5Barnsley157532419526
6Lincoln CityLincoln157532117426
7Mansfield TownMansfield137332015524
8Huddersfield TownHuddersfield147252114723
9Exeter CityExeter147251410423
10Reading147252221123
11Bolton WanderersBolton147252224-223
12Peterborough UnitedPeterborough156363127421
13Charlton AthleticCharlton145451515019
14Bristol Rovers155371621-518
15Stevenage155371116-518
16Northampton TownNorthampton154561821-317
17Rotherham UnitedRotherham154561418-417
18Blackpool154562128-717
19Wigan AthleticWigan143561212014
20Leyton Orient144281418-414
21Crawley TownCrawley163491427-1313
22Cambridge UnitedCambridge143291324-1111
23Burton Albion141581525-108
24Shrewsbury TownShrewsbury1522111327-148
Scroll for more - Tap for full version


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
AL
Sign up for our FREE daily preview newsletter direct to your inbox!

Loading ...

Failed to load data.



. . . . . . . . . . . . . . .