Indian group buys Northampton

Date published: Wednesday 24th June 2015 1:28

Chairman David Cardoza has confirmed the Sky Bet League Two club has signed a ‘heads of terms’ agreement with the group, who will also buy into plans to redevelop the club’s Sixfields Stadium.

Cardoza, whose family have been owners of the club for more than 12 years, 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.”

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