Date:Tuesday June 7 2011
After a consistent run of good news concerning Coventry City, Tuesday's newspaper reports make for grim reading at first glance with the Coventry Telegraph quoting an 'expert in the business side of football' as saying that the club's financial accounts give cause for 'grave concern' while the Birmingham Mail suggest that Birmingham City are confident of agreeing terms on a £15,000-a-week deal for Marlon King, a week after his verbal agreement with the Sky Blues was made public.
The state of Coventry City's finances however are nothing new. When the financial storm broke over the Ricoh Arena early on in 2011 it was made clear that further investment was needed from outside while falling gates and poor results were damaging the income generated by the club.
That situation remains exactly the same today as it did six months ago with the difference being that optimism has been generated by the on-pitch improvement which, to their credit, the club have been working hard to exploit both in terms of season tickets, sponsorship and revenue generating and also in the search for outside investment.
Reporting that Marlon King has given verbal assurances that he would sign a new contract has already generated some negative press in the wake of his agent's denials and now the interest from Birmingham but after being (rightly) criticised for not communicating with supporters the club can not be castigated too much for relaying what they believed to be the current situation with the player.
The reality is that Birmingham can offer more money and a better chance of promotion next season but City have tried their utmost to keep the player within the current financial constraints and if he walks away then so be it.
Date:Tuesday June 7 2011
Five For Fun (Thursday May 23 2013)
'Highfield Two' - Bonkers Or Brilliant? (Thursday May 23 2013)
Burton Boss On Sky Blues Target (Wednesday May 22 2013)
'Sale' Still On At CCFC (Tuesday May 21 2013)
Burton Winger For Sky Blues? (Tuesday May 21 2013)
The Final Throw? (Monday May 20 2013)
League One 2013/14 (Monday May 20 2013)
'A New Era' Say Sky Blues (Saturday May 18 2013)
Five For Fun (Friday May 17 2013)
1995: City's Big Bang? (Friday May 17 2013)
|12. Notts County||46||16||17||13||12||65|
|Lowe Set For MK Dons Exit
» MK Dons : 24/05/2013 10:49:00
|Teenage Midfielder Pens Pro Deal
» Carlisle : 24/05/2013 10:40:00
|Coventry Saga Rears Its Ugly Head
» Walsall : 24/05/2013 09:48:00
|10 years ago today
» Bournemouth : 24/05/2013 07:49:00
|Flahavan: I am staying to fight for the shirt
» Bournemouth : 24/05/2013 07:45:00
|On this day in history...24th May
» Portsmouth : 24/05/2013 07:32:00
|Five For Fun
» Coventry : 23/05/2013 21:17:00