BREAKING: It's official - Cobblers have new owners as SAC complete takeover
The club will remain debt-free as existing owners keep 30% and SAC brings long-term capital and operating expertise.
- On Wednesday, Sports Alpha Capital completed the acquisition of a 70% shareholding in Northampton Town Ventures Limited, the company that owns the majority of Northampton Town Football Club.
- Earlier this month, the Independent Football Regulator and English Football League approved the deal, concluding the necessary regulatory and contractual processes required for the transaction.
- SAC now controls the League Two club, while existing owners David Bower, Nigel Le Quesne, and Kelvin Thomas retain a combined 30 per cent stake, leaving Northampton debt-free.
- Founding partners Joao Xavier and Tim Chamberlain stated they were "extremely proud to become custodians" of the club, pledging to work with the Community Trust, supporters, and staff.
- This takeover comes less than eight months after SAC's attempt to buy Colchester United fell through, following extensive discussions between the group and club owner Robbie Cowling earlier this year.
13 Articles
13 Articles
BREAKING: It's official - Cobblers have new owners as SAC complete takeover
British-Brazilian consortium Sports Alpha Capital (SAC) are the new majority owners of Northampton Town after they completed their acquisition of a 70 per cent stake in the club's parent company, Northampton Town Ventures Limited.
Former Milan and Selection attacker joins the board of the English team, which competes the fourth division Alexandre Pato started a new phase of his
Pato-Backed Consortium Completes Northampton Town Takeover
A consortium including former AC Milan, Chelsea and Brazil forward Alexandre Pato has completed its takeover of Northampton Town. Sports Alpha Capital (SAC) had its proposed deal with the Cobblers approved by the Independent Football Regulator (IFR) and the English Football League (EFL) earlier this month. SAC will take a 70% shareholding in Northampton Town […]
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