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Half share Ricoh

'The Coventry Evening Telegraph' is reporting that the Sky Blues are renewing their attempts to buy from the Higgs Trust their 50% share of the Ricoh.

Negotiations are said to be taking place and the football club is expected to make an announcement sometime this week.

Has this news been driven by the influx of millions from the sale of Scott Dann and Danny Fox?




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The Journalist

Writer: CCFC Mail feedback, articles or suggestions

Date:Tuesday July 28 2009

Time: 7:04PM

Your Comments

if true it would be some consolation for the sale of two 'untouchables'.
wolstc
Looks like 2 steps back to take 3 forward, but wish they would make a plan and stick to it. The sale of Dann and Fox is a big loss and need to be replaced with quality, but we also need to strengthen the squad to move forward.
bloodnut
Surely they could have held on for one season more, given promotion a good go and then decided to cash in. The value of the two players would have held. Buying half of the Ricoh back is a sound idea but as bloodnut says this looks initially like two steps back
houchen
all good points but the revenue from the Ricoh this summer would have been large and is probably ongoing so long term the team benefits through better players.
wolstc
I have to say that I think at the moment investing in better players is a priority, as we are in danger of being relegated with the present squad going on last seasons performances. We have been promised signings to strengthen the squad but with the new season only a week away we are looking very weak, this is typical Coventry City. I do think we need our own stadium and the revenue this will create will be very good for the club but would rather see us stay up 1st. Having said all that I will still be shouting the city on next week from the terraces.
bloodnut
 

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