Northampton chairman Kelvin Thomas said: “This has been a detailed and rigorous process, involving significant scrutiny of the proposed investment, the ownership structure, financial sustainability, and the suitability and financial standing of those involved.
“The successful completion of both the IFR and EFL processes represents an important milestone for the club and should provide supporters and stakeholders with further confidence in the proposed investment and the foundations being put in place for the club’s future.
“We would like to thank both the EFL and the IFR for their professionalism, diligence and thoroughness throughout their respective processes.
“As supporters will see from their varied backgrounds, there is a genuine passion for football within the group. A number of the investors have already visited Northampton, spent time at the club and attended matches.
“They will bring a strong blend of football, corporate and financial expertise to the club and with significant Brazilian representation within the group we also hope they might bring a little Brazilian excitement and flair with them.
“Now the regulatory processes have been completed we move towards completing the remaining documentation and finalising the investment. Full details regarding the investment, structure and the principal investors involved will be announced upon completion.
“We thank the fans for their patience, but it is reassuring that these in-depth processes are in place for football.”
Unlike North Sea oil, most of which is exported and then reimported in various refined forms, almost all North Sea gas is used domestically in the UK.
The UK is heavily reliant on gas imports with over 60% imported from Norway and the United States.
Wholesale natural gas prices have surged this year as a result of the Iran war and are currently at a three-year high, prompting concerns over energy security.
Gas storage levels in Europe are significantly lower than usual for this time of year after countries delayed stockpiling in the summer in the hope that the conflict would end before winter and prices would in turn fall.
They face the prospect of rushing to buy gas now or paying potentially higher prices when the winter comes.
Prices are set internationally and a green light to Jackdaw would not lower the cost of gas for domestic consumers.
But extracting gas domestically creates lower greenhouse gas emissions than liquefying, shipping and regasifying liquid natural gas (LNG) imported from other countries.
Chris O’Shea, the boss of British Gas owner Centrica, said any additional domestic gas supply would reduce Britain’s reliance on imported fossil fuels, “so it’s got to be good”.
He told the BBC’s Today programme: “It wouldn’t lower the cost materially, but basic economics would tell you that if you’ve got a fixed demand for a product and you increase the supply, the price should move.”
He also pointed to the high tax rates on profits from North Sea oil and gas, adding that the new extraction would give the government more money to spend.
Nearly every week, I pass a colleague in the office who taunts me with four words: “Count of Monte Cristo, Count of Monte Cristo,” as he shakes his head. He’s disappointed his favorite book didn’t make the cut of our 101 best book club picks list, which served as the 2026 LA Times Festival of Books curtain-raiser. I don’t mind the barb. There’s nothing more exciting than an impassioned reader — even when they’re wrong. I’m all for rallying around a book or author and debating their merits like it’s a sporting match. Our book lists, after all, aren’t meant to be final verdicts. They’re invitations to read more (and, maybe, better).
Reading List
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To compile our expansive list we surveyed more than 200 bookish luminaries — along with a few zealous book club members. Our readers had their own ideas for their top book club picks, many of which we deeply considered. Here you’ll find some of our worthy Los Angeles Times reader selections.
“A favorite book my book group read and discussed is ‘Farenheit 451.’ It was fascinating to see what the past thought the future might bring,” reader Margaret Hardy writes of the 20th century classic. “In terms of technology and control by the government we are seeing today what Bradbury was thinking about in 1953. We felt that the future was found in the past. It was a chilling read.” Equally chilling is that the book often shows up on banned books lists — not unlike in its narrative.
“You missed ‘Homegoing’ by Yaa Gyasi!” reader Melanie H. writes of the critically acclaimed Ghanian historical fiction novel. “My book club read it and I was enthralled. I can’t stop thinking about it ever since. The amount of research and empathy into every single character and era Gyasi put into this story is incredible. It altered my brain and to this day I tell everyone about this book.”
Reader Roxanne Yahner writes, “It is beautifully written, elegant and eloquent, and there is no preparing anyone for the sheer inexorable force of Baldwin’s language. This novel expresses the personal — and historical — grief of two gay, perhaps bisexual, men as they explore their sexuality at a time and place where such behavior was dangerous. The reader aches for these men and feels their grief. Some in our book club were disturbed by this novel, but all agreed they were deeply moved by it.”
Several readers wrote to us recommending Rushdie’s magical realist epic. “It’s such a complex, yet entertaining novel. We learned a lot about the tenets of Islam as woven into the story,” Ellyn Moscowitz shares about their book club pick. “It provoked great discussions about death, afterlife, religion in general and great character studies.”
Reader Francesca Smithwick-Driver chose this as a book club pick in the ‘90s for her group and the 1989 National Book Award fiction finalist remains a favorite.
“[It’s] about a family who runs a carnival of ‘freaks.’ The story is told by an albino dwarf. There are strong themes about what it is to be normal, falling in and out of love with yourself — your family — and the world around you. Wonderfully written scenes about horrible things and beautiful things. I still remember the discussion of my book club — from ‘why in the world did you recommend this disgusting book’ to ‘what a book’ … I couldn’t wait to get back to it each time I put it down.”
Reader Kate Karp, who has a cat who resembles a key character in this Russian classic, writes: “[It] turned out, no surprise, to have been the inspiration for the Stones’ ‘Sympathy for the Devil.’” She notes it also requires multiple readings to grasp all the subplots — but it’s worth it.
“I am terrible at book clubs because I have found that I am a very picky reader who simply will not read a book that I do not enjoy,” reader Mike Gascoigne writes. “That said, in a book club I did very much enjoy Kazuo Ishiguro’s ‘Klara and the Sun’ and Nana Kwame Adjei-Brenyah’s ‘Chain Gang All-Stars.’ There was a lot to discuss about both titles including AI/robots, intellectual enhancements, climate change, reality television, prison reform/abolition and human nature.”
“‘All the King’s Men’ is a powerful summer read — a Pulitzer-winning novel that feels strikingly current,” reader Ken Muche writes. “Set in the 1930s South, Willie Stark’s political rise echoes modern demagogues, reminding us how easily power can blur truth. Even more important, the novel invites reflection on our own bad life choices — showing that taking accountability for one’s actions is the first step toward forgiveness, peace, and ultimately, a more grounded kind of happiness.”
Reader Seth Kivnick’s pick is this work of fiction that co-won the Booker Prize in 2019, he notes that the compelling book describes the Black women in the British Isles who came from all walks of life and different countries. “[It] appealed to male and female club members.”
“It’s good-humored without being comedy or satire but opens serious friendly discussions about contemporary problems,” reader Christine Almeida writes of the novel that won the 2021 National Book Award for fiction. “Our library-based book club talked about it for a solid 90 minutes without straying from what the book itself had to offer its readers.”