Mortonblue wrote:
Northampton trust sre at loggerheads with the club and are asking for more information on the proposed new owners. Mr Cordoza (owner) is stating that is not possible due to due dilligence ( sound familiar?)
The difference from our situation is it is public knowledge that Northampton are talking to a London-based Indian family who are interested in the property development angle. Because of its good location there have been plans for a hotel etc at Sixfields. The similarity is they have asked for a confidentiality agreement while they do their due diligence. They will have to talk to the council and Department for Communities and Local Government to see how realistic the chances are of getting planning permission given like in our case further out of town development will hurt the town/city centre.