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Northampton Football Club owes builders almost 3m | Northampton Football Club owes builders almost 3m |
(about 9 hours later) | |
A building firm employed to revamp Northampton Town's stadium says it is owed almost £3m. | A building firm employed to revamp Northampton Town's stadium says it is owed almost £3m. |
The East Stand at Sixfields remains half-built after Buckingham Group downed tools in June. | The East Stand at Sixfields remains half-built after Buckingham Group downed tools in June. |
The company is trying to reclaim the money it says it is owed through a petition for bankruptcy. | |
A prospective takeover of the club, which faces a winding-up petition over unpaid tax, fell through earlier this week. | A prospective takeover of the club, which faces a winding-up petition over unpaid tax, fell through earlier this week. |
Buckingham Group says it had to stop work twice - initially when contractors 1st Land Limited went into administration and again when contracting company County Development Northampton Limited (CDNL) failed to pay them in full. | Buckingham Group says it had to stop work twice - initially when contractors 1st Land Limited went into administration and again when contracting company County Development Northampton Limited (CDNL) failed to pay them in full. |
Northampton Town chairman David Cardoza and his father Anthony Cardoza are the only company directors listed for CNDL. | Northampton Town chairman David Cardoza and his father Anthony Cardoza are the only company directors listed for CNDL. |
'Takeover delays' | 'Takeover delays' |
In a statement, Buckingham Group said: "We wish to make it clear that the reason why the East Stand construction works ceased completely in early June 2015 was entirely due to non-payment of monies due and certified. | In a statement, Buckingham Group said: "We wish to make it clear that the reason why the East Stand construction works ceased completely in early June 2015 was entirely due to non-payment of monies due and certified. |
"We stopped work because we were not paid." | "We stopped work because we were not paid." |
A hearing is listed for Thursday at Birmingham County Court, which the building firm said it will attend. | A hearing is listed for Thursday at Birmingham County Court, which the building firm said it will attend. |
Meanwhile, the club is the subject of a winding-up petition by Her Majesty's Revenue and Customs (HMRC). | Meanwhile, the club is the subject of a winding-up petition by Her Majesty's Revenue and Customs (HMRC). |
A statement from the club said the debt is "a temporary issue due to the delays in completing the takeover". | A statement from the club said the debt is "a temporary issue due to the delays in completing the takeover". |
Mr Cardoza has been in talks with HMRC to resolve the matter and expects it to be resolved by the end of next week, according to the club. | Mr Cardoza has been in talks with HMRC to resolve the matter and expects it to be resolved by the end of next week, according to the club. |
Mr Cardoza was not available for comment, but in a statement on the club website he said: "Meetings have and are continuing this week and we are very close to reaching an agreement on the sale of the club to one of a number of interested parties and we believe we will have some definite news very soon." | Mr Cardoza was not available for comment, but in a statement on the club website he said: "Meetings have and are continuing this week and we are very close to reaching an agreement on the sale of the club to one of a number of interested parties and we believe we will have some definite news very soon." |