Northampton Town have a new ownership group, with former AC Milan and Brazil striker Alexandre Pato among the consortium members who have completed their takeover of the club, according to BBC News.

The deal marks a significant change in direction for the League One side, bringing in Pato's involvement alongside his fellow investors, though specific details of the consortium's wider plans or financial terms of the takeover have not been disclosed.

Pato, now 36, enjoyed a prolific spell at AC Milan after joining as a teenager, becoming one of Serie A's most exciting young forwards before injuries disrupted his career. He also represented Brazil at international level and had spells in China and his home country before stepping away from playing.

His move into club ownership represents a new chapter away from the pitch, with Northampton now set to operate under the new leadership as the consortium takes control of the Sixfields outfit.