MX23RW : Thursday, December 12 23:46:26| >> :120:44509:44509:

Sixfields Stadium development company winding-up petition approved

The winding-up petition issued to Sixfields Stadium development company Buckingham Group is approved at a court hearing in Birmingham.

The winding-up petition against the development company behind Northampton Town's Sixfields Stadium revamp has been approved.

Buckingham Group took legal action against County Developments Ltd over the non-payment of around £3m worth of work carried out on the Cobblers' home.

A court hearing was held in Birmingham on Thursday morning, seven days after a winding-up petition was initially issued by HM Revenue and Customs.

Speaking in the aftermath of the hearing, Buckingham Group director Tim Brown is quoted by the Northampton Chronicle as saying: "As a contracting organisation we have put more seats in stadia than any other UK contractor. It is the first time we have ever encountered a situation such as this."

Brown also claimed that Buckingham will now look to recover the money, while also considering a plan to resume work on Sixfields' East Stand.

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A general view of the East Stand prior to the Pre-Season Friendly match between Northampton Town and Birmingham City at Sixfields Stadium on July 21, 2015
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