Title

FINANCE

Northampton FC must repay £10.25m

Northampton BC has shown a local football club the red card and demanded it repays a £10.25m loan within the next two weeks.

Northampton BC has shown a local football club the red card and demanded it repays a £10.25m loan within the next two weeks.

The local authority confirmed last week that it had served Northampton Town Football Club with legal notices, requiring it to fully repay the loan, which was made in 2013 to pay for the club's East Stand development.

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