Northampton Town Agree Deal With Consortium Led by Alexandre Pato

Northampton Town have reached an agreement with a consortium that includes former Brazil forward Alexandre Pato over a "proposed shareholding acquisition," according to a report by BBC Sport.

Details of the terms of the deal, including the size of the stake involved and the timeline for completion, were not disclosed in the report.

Pato, who represented Brazil and played for clubs including AC Milan and Chelsea during his career, is part of the group seeking to acquire shares in the League One club.

BBC Sport did not provide further specifics on the identities of other consortium members or the financial terms of the proposed acquisition.

Northampton Town has not issued additional public comment beyond confirming the agreement, according to the report.