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CHAIRMAN - 'DUE DILIGENCE COMING TO AN END, I WILL UPDATE IN DETAIL AS SOON AS I CAN'

7 September 2015

David Cardoza appreciates patience and understands frustration

Northampton Town Chairman David Cardoza has said he understands the need to update supporters as soon as possible regarding the proposed takeover of the club, and that the due diligence process is almost complete.
 
“I completely understand the frustration of the supporters, and as soon as I can update them, I will” he said.
 
“It is hard for me to comment while due diligence is taking place, but that process is almost at an end and we will know more very shortly.
 
“In the update on August 14th I said it would take around four weeks and we are still within that period. Whether it takes a little longer or hits that target remains to be seen but we aren’t far away from that being completed.
 
“The deal covers all the outstanding issues regarding the stadium redevelopment and the potential new owners will announce their future plans very shortly.
 
“I understand the frustration, I appreciate the patience and as soon as I can update supporters in more detail, I will.”
 


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