MX23RW : Thursday, November 7 22:36:38| >> :120:20045:20045:

Northampton Town issued with winding-up petition

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.

ID:252445: cacheID:252445:1false2false3false:QQ:: from db desktop :LenBod:restore:2391:
Restore Data
Share this article now:
A general view of the East Stand prior to the Pre-Season Friendly match between Northampton Town and Birmingham City at Sixfields Stadium on July 21, 2015
Read Next:
Northampton "not surprised" by takeover collapse
>
Read more about David Cardoza Football
rhs 2.0
Today's games header
Tables header RHS
TeamPWDLFAGDPTS
1Wycombe WanderersWycombe1392231161529
2Birmingham CityBirmingham1292123111229
3Wrexham1374221101125
4Mansfield TownMansfield127322014624
5Lincoln CityLincoln137332016424
6Bolton WanderersBolton137242219323
7Huddersfield TownHuddersfield137151912722
8Barnsley136432118322
9Reading137152120122
10Stockport CountyStockport145632017321
11Exeter CityExeter126151310319
12Charlton AthleticCharlton135441514119
13Peterborough UnitedPeterborough145362526-118
14Rotherham UnitedRotherham144551416-217
15Stevenage145271015-517
16Blackpool134452125-416
17Bristol Rovers135171520-516
18Northampton TownNorthampton134361720-315
19Wigan AthleticWigan133551211114
20Leyton Orient133281118-711
21Crawley TownCrawley143291225-1311
22Cambridge UnitedCambridge123181117-610
23Shrewsbury TownShrewsbury1422101325-128
24Burton Albion130581325-125


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!