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Administration
Appleton confirms four final bids for Coventry City.
Coventry City Football Club Limited’s administrator Paul Appleton has confirmed four parties have met today’s final deadline for bids to buy the company out of administration. It was believed that there could be up to six final bids for the Sky Blues, but as of the deadline at 12:00 BST, only four had been received. … Continue reading
ACL: Coventry City can use Ricoh Arena rent free.
Arena Coventry Limited, the managers of the Ricoh Arena have today stated that Coventry City Ltd. can use the Ricoh Arena ‘rent free’ for the 2013/2014 season if they are still in administration. City, who are currently in administration, have been in a rent dispute with their stadium landlords, Arena Coventry Ltd (ACL), for more … Continue reading
Richard Keys: Outrageous to extend bidder’s deadline.
Former Sky Sports anchor and lifelong Coventry City fan, Richard Keys, has described the decision to extend the bidder’s deadline to buy the Sky Blues as “outrageous.” On Friday, which was the original deadline for bidders to make their move, joint-administrator Paul Appleton announced that the deadline was being extended until 5pm, Friday June 7th, … Continue reading
Private Seat Licence owners demand money back from Coventry City.
Private seat owners at the Ricoh Arena are demanding their money back, claiming Coventry City Football Club are in breach of contract. Almost 1,000 seats were sold to Sky Blues fans for £275 as a way of generating funds for former manager Micky Adams’s transfer kitty back in 2006. The initiative was launched by then … Continue reading
Coventry City administrators extend offers deadline.
Coventry City Football Club’s joint administrators have extended the deadline for offers for the financially troubled club until Friday, June 7th. The Sky Blues have been in administration since March and thus incurred a 10 points deduction last season, which put a halt to the club’s promotion back to The Championship plans. The original deadline … Continue reading
Tim Fisher: Coventry City is not for sale.
Coventry City’s current Chief Executive Officer, Tim Fisher, has denied the Sky Blues are up for sale. Speaking to BBC Coventry & Warwickshire’s Stuart Linnell, Fisher said: “The Administrator (Paul Appleton) is undertaking his role as an officer of the court and to his opinion has decided that the Golden Share is in CCFC Ltd. … Continue reading
Coventry administrator sets take-over deadline.
Coventry City administrators have set a deadline of May 31st for any interested parties to make an offer to purchase the club. A number of groups have already registered an interest in taking control of the Sky Blues, who went into administration in March. Joint-administrator, Paul Appleton said, “A sale process has begun, I have spoken … Continue reading
Coventry City to leave Ricoh Arena & build new ground.
Coventry City have confirmed that they will not be returning to The Ricoh Arena, their home since leaving Highfield Road in 2005, for the 2013/2014 npower League One season. Chief executive Tim Fisher has revealed the club are instead in the process of securing a site in the local area on which to build a … Continue reading
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