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Coventry City fans to hold bucket collection in support of Northampton Town

The Ricoh Arena in Coventry. Credit: PA

Coventry City fans will hold a bucket collection in support of Northampton Town when the two clubs meet in the FA Cup on Saturday.

The Cobblers are in big financial trouble after being hit with a winding-up petition by HMRC and also told that they must pay back a £10.25 million loan to the local council.

Now, the Sky Blue Trust have called on their fans to donate towards a fighting fund.

The two clubs have a good relationship, with Coventry playing their homes games at Northampton's Sixfields stadium in 2013.

"Northampton Town FC is in huge financial peril. The club faces a winding-up petition in the High Court from HMRC over an unpaid tax bill.

There are also serious concerns over the whereabouts of a £10.25 million loan from Northampton Borough Council for stadium works which have not been completed. The players and staff are currently working for no pay.

Over the last few months questions posed by Northampton Town Supporters’ Trust to the football club’s chairman, David Cardoza, regarding this critical situation have remained unanswered.

The Sky Blue Trust and Northampton Town Supporters’ Trust are now uniting in solidarity over the need for a healthy say in our respective clubs.

Northampton Town Supporters’ Trust has launched a fighting fund to help save Northampton Town Football Club because it is at risk of going into liquidation. The initial target is £100,000.

Funds raised will be used to deliver a more functional voice for supporters in any club in the future. This may mean negotiating with a new owner, administrators or the establishment of a phoenix club. Please help give a fighting chance to a club with 118 years of history.

A bucket collection by both Coventry and Cobblers fans towards the fighting fund will take place outside the Ricoh Arena before the FA Cup tie this Saturday, 7 November.

We would like to call on Coventry City fans and visiting Northampton Town supporters to please help our cause and donate."

– Sky Blue Trust

Northampton councillors meet to decide the next move in Cobblers saga

Sixfields Stadium in Northampton Credit: PA

Councillors in Northampton will meet today to discuss the next move in the ongoing financial saga at the town's football club.

The authority lent the Cobblers more than £10m for a new stand at Sixfields but the club defaulted. Today they will meet to discuss how to get the money back.

A prospective new chairman has been found but - Kelvin Thomas says it is too early to say whether the financial issues surrounding the club can be resolved.

The Cobblers are in deep financial trouble and owe money to HMRC as well as the borough council.


Northampton Town players and staff not paid on time, club confirms

Northampton Town's players haven't been paid on time. Credit: PA

Northampton Town have confirmed that their players and staff haven't been paid on time ahead of their weekend game at Newport County.

The Cobblers' Chief Executive James Whiting warned that the wages would probably be late during a press conference earlier this week, but those fears have now been realised.

The club's accounts have been frozen after a winding-up petition was lodged against them by HMRC.

The club say that all the players have travelled on the bus to Newport as normal though.

Northampton Town boss Wilder backs prospective new owner

Northampton Town manager Chris Wilder has backed prospective new owner Kelvin Thomas to make a big impact at the club.

Mr Thomas has agreed a deal to buy the Cobblers, but the takeover is still dependant on whether he can reach an agreement with the Borough Council over the £10.25 million it is owed by the club.

Wilder worked alongside Thomas at Oxford United, where the pair led the U's to promotion to the Football League.

Click below to hear from Chris Wilder and Chief Executive James Whiting

"Through experience of working with Kelvin, he's a proper football person.

He's not in it to make money, or to gain anything personally. He just wants to run a Football Club how it should be run."

– Chris Wilder, Northampton Town manager


Chief Executive: 'Northampton Town players unlikely to get paid on time'

The Northampton Town players may not get paid on time this month. Credit: PA

Northampton Town Chief Executive James Whiting has confirmed that a deal has been agreed to sell the club to former Oxford United chairman Kelvin Thomas - providing that he can also strike an agreement with the local Borough Council.

Mr Whiting also revealed that the club's players may not get paid on time this month.

It's after a Supporters Trust meeting was held last night (October 26).

"We really appreciate the support of everyone in these difficult times and I hope those who were there were able to gain more of an insight into the situation we face.

For those supporters who weren't able to attend, we were asked a direct question about whether the players and staff would be paid on Friday.

In the interests of honesty and openness and in the spirit of the meeting I gave a truthful answer to the meeting and asked for those there to keep that off social media until I had the chance to speak to the staff and players on Tuesday.

The situation is that because of the ongoing uncertainty it is likely that the wages will be paid late this month. I felt it was important to tell those concerned face to face rather than them read such information online and I would like to thank those who attended the meeting for respecting that.

As per the media reports, a deal has been agreed for Kelvin Thomas to buy the club from David Cardoza, subject to talks with Northampton Borough Council over the outstanding £10.25 million loan. If those talks go well and things get agreed, we should be able to move forward as a matter of urgency and we can ensure the players and staff are paid with the minimum amount of delay.

I would like to thank the players and staff for their continued professionalism and dedication in really difficult circumstances. Thanks are also due to the supporters for their loyalty and to all those fundraisers, volunteers and well-wishers who are all fighting for Northampton Town Football Club and we hope to have some confirmed, positive news regarding the future of the club and new ownership soon."

– James Whiting, Northampton Town Chief Executive

Deal reportedly agreed to sell Northampton Town

Sixfields Stadium in Northampton. Credit: PA

Former Oxford United chairman Kelvin Thomas has reportedly agreed a deal to buy Northampton Town.

The Cobblers are in deep financial trouble, and owe the local Borough Council over £10 million.

To make matters worse, the club were also hit with a winding-up petition recently by HMRC while a company owned by current chairman David Cardoza was wound up only last week.

However, it's understood that Mr Thomas has now struck a deal to buy the club from Cardoza and also take on the development of the unfinished East Stand - although any potential deal would rely on his ability to pay back the £10.25 million loan to the Council.

Northampton Town: chairman's firm wound up

David Cardoza

In the latest twist in the controversy surrounding Northampton Town Football Club a company owned by club chairman David Cardoza has been wound up.

County Developments (Northampton) Ltd, was wound up at Birmingham County Court this morning over non-payment of nearly £3 million for work carried out at the club's Sixfields Stradium.

Last week the club missed its deadline to pay back a loan of 10.25 million pounds to the borough council.

Construction firm Buckingham Group took legal action against County Developments Northampton Limited over non payment of nearly three million pounds. Our sports correspondent Donovan Blake has been following the story. Click below for his report:

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