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Ben Hayes - Charlton Athletic programme

League 2

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'Safer landing' plan causes non-league fury

As we have pointed out in recent articles, relegation from the Football League to the non-league system often lands a club in serious financial trouble.   The Football League has now devised a 'safer landing' plan, but this has provoked fury from non-league clubs.

Winding up order served on Northampton Town

As football clubs start to get their finances in order, winding up orders served by Her Majesty's  Revenue & Customs (HMRC)have become rarer.  However, one has now been served on Northampton Town.

Cobblers' takeover is off

It's been one of the most protracted and secretive takeover negotiations in recent football history, certainly in League 2, but negotiations with a mystery Indian consortium that wanted to take over Northampton Town have now been called off.

According to a statement from the London-based consortium, they encountered 'insurmountable' problems and complications at the due diligence stage.

Ship shape and Bristol fashion

The two unfortunates blog are rattling through England's football cities and their attention has turned to Bristol where they have recruited a new writer who is well up to their high standards.

For an outsider the paradox about Bristol is that it has two football clubs.   Admittedly, it is a large city, ranking eighth in England, and arguably the regional capital of the south-west.  However, it is also in area where the rugby tradition is strong.

Exiles fans reach takeover target

Newport County Supporters' Trust have raised the funds they need to secure control of the club.  They now become the fourth fan owned club in League Two alongside Exeter City, Portsmouth and Wycombe Wanderers.

Newport County's woes

Rooted at the bottom of League 2, Newport County are slipping deeper into financial trouble.   Their promotion from the Conference in 2013 was funded by lottery winner Lee Scadding, but he has withdrawn his backing.   The former truck driver got tired of funding losses of £40,000 a month.

He has handed responsibility for running the club to the Supporters' Trust.   They have until the end of September to raise the £225,000 needed to repay creditors and complete their takeover.   So far they have raised half that amount.

We Want Answers Say Cobblers Fans

There is still no clarity about the projected takeover of Northampton Town.   A trilateral meeting yesterday between the current owners, the London-based Indian consortium interested in buying the club, and Northampton Borough Council was cancelled.    A meeting between the owners and the purchasers will go ahead.

Fans running a #WeWantAnswers campaign plan to demonstrate at Saturday's game.

Fans demand answers on takeover saga

It has been one of the longest drawn out takeover sagas in recent football history.  The mystery 'Indian consortium' that wants to take over Northampton Town is yet to be identified.   Now fans are launching a social media campaign to try and find out what is happening.

What a load of rubbish

Fans have been vociferous on social media criticising the new Channel 5 football highlights show.  Some fans had initially welcomed the change as the programme goes out at 9 p,m. rather than late at night after Match of the Day as was the case when it was on BBC.

The show has a studio audience who seem to add little to the show and indeed disrupt the flow.   One of them couldn't be heard last night because they didn't have a mike on him.

Uncertainty surrounds Cobblers takeover

Uncertainty is surrounding the takeover of Northampton Town by a mystery Indian consortium.   One question has always been what the motivation would be to acquire a League 2 club, albeit one in a reasonably prosperous area with some potential for progress.   

Nearly a month has passed since chairman David Cardoza announced the heads of terms agreement with the mystery buyers, leaving rumour to fill the void of information coming from the club.