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 By PA Sport

Kelvin Thomas completes Northampton Town takeover

Kelvin Thomas is the new chief executive chairman of Northampton Town.

Kelvin Thomas has completed his takeover of Northampton.

Thomas becomes the new chief executive chairman of the League Two club, succeeding David Cardoza after purchasing his controlling stake.

Further changes will see Mike Wailing join the club as non-executive director, while Barry Hancock has stepped own as a director.

Thomas has paid the £166,000 owed to HM Revenue & Customs ahead of a winding-up petition hearing.

The club was set to face an administration petition brought by Northampton...

 By PA Sport

Kelvin Thomas agrees deal to buy controlling stake in Northampton Town

Former Oxford chairman Kelvin Thomas is set to take over Northampton.

Kelvin Thomas has reached an agreement with Northampton chairman David Cardoza to buy the controlling stake in the club.

Cardoza had last week cast doubt over a deal after admitting to talks with other parties but the League Two club announced on Monday evening that a deal with Thomas, the former Oxford chairman, had been brokered.

Northampton currently face both an administration and winding-up petition but it is hoped the deal with be finalised before a court hearing on Friday.

A statement released...