UK time is: 05:16:10
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Chairman on admin plan

Coventry City chairman Joe Elliott has been explaining the reasoning behind the club's statement earlier in the day.

He told Sky Sports News: 'We are doing all we can to act in the best interest of the club and to get this deal done. We are just trying to bring it to a close.

'We have been very honest and said that the clock has been ticking for some time. We need to bring this to a head.

'This does not mean we are in administration. What we are trying to do is push this along.

'We are doing everything to protect the bank and the credit holders for the best possible reason. We see it as a necessary road we have to take.

'Coventry City is not the easiest deal because there are so many parts, but it is our intention, everybody's intention, to end up with a solvent financial situation.'




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!

The Journalist

Writer: CCFC Mail feedback, articles or suggestions

Date:Monday December 3 2007

Time: 5:42PM

Your Comments

I wouldn't worry about it. The plan has been set about to get the bid to come in earlier. Very smart if you ask me. Plus, it isn't the board saying "we ARE going into administration". It can reduce the share price slightly but means that plans are there if the worst happens. As a result, the majority share is bought for a slightly smaller amount which then frees up money to allow stability in the future. I'M A BIT BORING AND FAR TOO SENSIBLE FOR A HARTLEPOOL FAN! Bring back Dimi, save us from the comedy of Jan Budtz!!!
Yuilly
Interesting stuff mate. At least we should have a definitive answer one or the other over the next 10 days rather than the endless saga we have had to date.
Rugby Sky Blue
there is now no return.For anyone to have any street cred it has to be a deal or admin on December 14th.
roberts
I really hope this all works out well for the club.
oxfordspur
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Coventry City Articles

Archived Coventry City Articles

List All Vital Coventry Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. houchen 11

League Results (view all)

Latest Results

League Table (view table)

Team P W D L GD Pts
3. Bristol City 0 0 0 0 0 0
4. Chesterfield 0 0 0 0 0 0
5. Colchester 0 0 0 0 0 0
6. Coventry 0 0 0 0 0 0
7. Crawley 0 0 0 0 0 0
8. Crewe 0 0 0 0 0 0
9. Doncaster 0 0 0 0 0 0

Breaking League News

Busy week ahead for Rovers in transfer market
Doncaster : 27/07/2014 20:59:00
DRFC Coppinger could stay at Doncaster
Doncaster : 27/07/2014 20:40:00
DRFC Husband set to join Middlesbrough
Doncaster : 27/07/2014 20:33:00
Josh Lelan Loan Could Be Longer Term
Swindon : 27/07/2014 20:18:00
DRFC Rovers draw with Sheffield Wednesday
Doncaster : 27/07/2014 20:15:00

Current Site Poll (view all polls)

Which Away Trip Are You Looking Forward To The Most?
Suggested By:  Editor
Barnsley 6%
Chesterfield 0%
Doncaster Rovers 2%
Fleetwood Town 12%
MK Dons 51%
Notts County 0%
Preston North End 2%
Rochdale 2%
Sheffield United 5%
Other 20%