A consortium including former AC Milan and Brazil forward Alexandre Pato is set to acquire a majority stake in Northampton Town, a League Two club. This development comes after the consortium, Sports Alpha Capital, had previously considered purchasing Colchester United, but ultimately decided against it following initial discussions. Pato, who retired from professional football last year, is involved with the consortium, although he is not the primary figure leading the group.
Pato's playing career was marked by notable achievements, including a five-and-a-half-year spell at AC Milan, where he scored 63 goals in 150 matches and won the Serie A title in the 2010-11 season. He also had a brief stint at Chelsea, scoring on his debut in a 4-0 win against Aston Villa. The news of the consortium's impending purchase of Northampton Town follows the club's relegation to the fourth tier last season, after finishing at the bottom of the League One table.
In April, Northampton announced a pre-tax loss of nearly £3m, prompting chairman Kelvin Thomas to seek investment to make the club debt-free. Last month, Thomas confirmed that a "well-funded" group's proposed investment had been "pretty much agreed". The club has recently appointed Chris Hogg as manager and has brought in seven new players during the transfer window, including striker Matty Warhurst from Manchester City and midfielder Connor Lemonheigh-Evans from MK Dons.
The acquisition of Northampton Town by Pato's consortium is expected to have significant implications for the club's future, potentially providing the financial stability needed to regain its footing in the league. With the consortium's investment, Northampton may be able to rebuild and strengthen its team, aiming to return to higher tiers of English football. The exact details of the purchase and the consortium's plans for the club have not been disclosed, but the development is likely to be closely watched by fans and observers of English football.