The correct title it seems is "Too Close to the Wind." That might help people who are looking for info.

TOO CLOSE TO THE WIND (DT Lyrics)

Farewell to you, my faithful Nancy
And a thousand times adieu;
For the constable comes up from Brackley Market
And a hundred volunteers too.
No more will we hide in the forest
For fear they might run us to ground
For the wild sea, we'd sailed upon it
Too close to the wind.

For twenty years, we have roved the highways
Of Northamptonshire.
From Daventry* down to the southern byways
We robbed both the rich and the poor.
For ofttimes our families were starving
And the highway it kept them alive,
So the wild sea, we sailed upon it
Too close to the wind.

Tonight I lie in a darkened dungeon
Condemned on the gallows to die,
While the man who gave us away is only
Bound for Australia.
No man could be found to defend us
Naught but abuse came our way,
For the wild sea, we'd sailed upon it
Too close to the wind.