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TAKEOVER PROGESS BEING MADE, CHAIRMAN HOPING TO ADVISE COMPLETION DATE SHORTLY

24 July 2015

David Cardoza with an update on the takeover

Northampton Town Chairman David Cardoza has said the takeover of Northampton Town Football Club by an Indian Consortium is 'progressing really well.'

"I understand supporters are keen for information but much of the legal work being done has to take its natural course," he said.

"What I can say is that things are progressing really well. The consortium met with Northampton Borough Council on Monday and I understand that was a really positive meeting.

"The due diligence process is in full flow and the lawyers are moving towards completing their work.

"We hope to be able to advise a potential completion date for the takeover shortly, but supporters can be advised that things are very much progressing forwards and are on track."


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