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City send out an SOS

City send out an SOS

Coventry City managing director Paul Fletcher has raised the prospect of the club going into administration as the proposed takeover hits the buffers.

Calling on Coventry city council to do a deal for its share of the Ricoh Arena with prospective buyers Manhattan Sports Capital Partners he told the Telegraph: 'We are at a very important moment in Coventry City's history and until we have some like-minded people sat round the table who are going to say, 'right, how can we get a stable football club?' we have got problems.'

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Writer:CCFC
Date:Tuesday July 31 2007
Time: 12:56PM

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Comments

0
I am surprised to read this. What has gone wrong?
miked_joker
31/07/2007 13:47:00
0
How long have we got? The basic problem at the moment is the club do not own the Ricoh Arena so revenues from concerts, food, parking etc doesn't go to them but to the owners (the council owns 50%) meaning new investors are being put off...but without the council the ground may not have been built in the first place.
CET Stander
31/07/2007 16:22:00
0
Not the sort of story you want to read so near to the start of the season!
sandgroanun
31/07/2007 22:10:00
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