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Problems at Northampton Town

older-codger

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Feb 27, 2006
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Wondering if I'm on a different planet
Looking at the picture of the stand it appears that there is a whole area of seating where there will be a view of only about a third of the pitch! The hospitality boxes (?) will block the rest.
 

Jason H

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Apr 1, 2004
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Hounslow, Middlesex
The Indian backer has, unsurprisingly, done one with the repayment of the £10 million loan due this week.

My question is about what the eff have Northampton done with the cash they were loaned by the Council in the first place? I suppose the answer could partly be explained by strikers on £8K per week and whatnot.
 

Hants_red

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League 1
HMRC issue winding-up order.
 

Hants_red

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League 1
 

Jason H

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"La la la I can't hear you!"

Apparently from that £10.25 million loan from the council, the shell company created to oversee the redevelopment paid the Chairman £2.5 million. NOTHING fishy about that whatsoever.
 

Jason H

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Now it turns out the builders are owed £3 million. Did ANY of the £10 million ACTUALLY end up going towards the building?
 

Jason H

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CEO confirms players will almost certainly be paid late.
 

grecian55

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Jan 3, 2008
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http://www.bbc.co.uk/news/uk-england-northamptonshire-34646154

Kelvin Thomas ,recently advising Torquay ,is trying to do a deal to buy the club
 

Hants_red

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May 27, 2007
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The NTFC Trust has started a crowdfunding appeal to help the Club survive
https://crowdfunding.justgiving.com/ntfctrust
 

DB9

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Jun 19, 2005
Messages
24,518
Location
Hampshire. Heart's in N Devon
Police are working with Northampton council "to see whether any criminality has occurred" in connection with its £10.25m loan to the town football club
 
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