Ex-Brazil striker Pato joins Northampton Town board after takeover
Former Brazil and AC Milan striker Alexandre Pato has joined the board of Northampton Town following the club’s takeover by Sports Alpha Capital. Read More: https://punchng.com/ex-brazil-striker-pato-joins-northampton-town-board-after-takeover/
Former Brazil striker Alexandre Pato, known for his successful career at AC Milan, has joined the board of Northampton Town following the club's takeover. Sports Alpha Capital (SAC), which acquired a 70% shareholding in Northampton Town Ventures Limited, the company owning the majority of the League Two club's shares, announced the appointment of Pato as a director on the board.
The existing owners, David Bower, Nigel Le Quesne and Kelvin Thomas, retain a combined 30% stake. SAC's investors, including Pato, attended Northampton's 1-0 League Two victory over Newport County on September 5th. The takeover has also led to changes in the club's leadership, with current chairman Kelvin Thomas stepping down but remaining a shareholder and director.
New co-chairmen Joao Xavier and Tim Chamberlain, along with chief executive James Whiting and supporters' representative Tom Cliffe, are set to continue their roles. SAC's co-chairmen stressed that their ambitious plans for the club would be matched with sustainability and respect for the local community.
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