Coventry City News 24/7Writer: CCFC 
Date:Tuesday December 18 2007
Time: 8:12AM
UK time is: 04:52:53
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'If It's Football, It's Vital'
Ranson on 'fantastic future'
New Coventry City chairman Ray Ranson has been outlining some more of his plans for the club.
'We've negotiated an option to acquire 50% of the Ricoh Arena,' he BBC Radio 5 Live's Sportsweek.
'It's a leisure business with a casino, club and hotel - and it's a very exciting package.'
Ranson added: 'I can imagine people looking at the books (and the debt of £38m), but we looked at them slightly differently - and now the club has a fantastic future going forward.'
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Talk about a close shave, half an hour to go before admin and a ten point deduction!!
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