The winding-up order issued by HMRC this week, at the same time as the deadline for repayment of a council loan, brought out the news that the proposed takeover of NTFC by an Indian-led consortium has now collapsed although chairman David Cardoza insists that talks are progressing with another interested party.
Simon Hart, writing on life beyond the Premier League in The Independent talks of a 'club in crisis' despite Cardoza's attempts to calm the situation.
In The Guardian, Richard Foster looks back at the supporter-led attempts to save the Cobblers back in the early 1990's and how relevant they remain today.
The excellent, Twohundredpercent blog, meanwhile, offers its take on a 'wholly unsatisfactory state of affairs' at Sixfields.