Have e-mailed the following to Andy Turner:
"Hi Andy,
On 22nd March of this year, at Companies House, ARVO Holdings Ltd,
a sister company of SISU, successfully applied for a debenture to be
applied against Sconset Capital, the holding company which owns CCFC
Holdings, which in turn holds Coventry City FC. Present at the
debenture hearing were SISU representatives, including Joy Sepalla.
The result of a debenture, as I'm sure you're aware, is to enable a
creditor to secure first rights on all assets ahead of other creditors
in the event of the debtor being liquidated.
ARVO have previously been involved in liquidations and
administrations of SISU-related ventures, and their involvement in
March raises strong suspicions about SISU's intent for the future of
Coventry City if their now public discussions with ACL don't give a
favourable outcome. Indeed, ARVO's actions would suggest very strongly
that the club's future is in real danger should SISU not get their own
way in these talks.
My reason for writing is to establish whether the Telegraph are
aware of the ARVO debenture, and if they are, why such news has not
been brought to light or indeed been put to Joy Sepalla or club
chairman Tim Fisher in recent interviews. If the Telegraph is in fact
not aware of this story, then would it at all be possible for the
matter to be put to either Tim Fisher or a SISU representative. As I
stated previously, this information can be obtained from Companies
House if you wish to verify it further.
I look forward to your response."
