AFCCOVENTRY
Well-Known Member
Response to recent statements published by Arena Coventry Limited
The 2013/14 season started on Saturday and it’s absolutely vital that we concentrate on the running of the club and our future plans.
But it seems not enough that ACL and the council cost us ten points last season, have hamstrung us all summer in the transfer market and last Friday rejected the CVA to send us towards liquidation and a ten point penalty for this season; it now appears they want to create further distractions with inaccurate statements regarding recent and past events.
We can answer every single point put forward and have nothing to hide. In fact, we welcome any investigation that examines this whole affair – including the property and financial deals relating to the move from Highfield Road, which is where this all began.
We are also happy for an investigation into why previous owners of the club set up the Limited/Holdings structure in 1995 and any transfer of assets since then.
That said, we are sure our supporters would rather see everyone concentrating on football and how we return the club to the area as quickly as possible.
Since the spring, ACL have refused to negotiate with the club and we were forced to agree a ground share to fulfil our fixtures and are developing plans to build our own stadium in the Coventry area.
That is where our full focus now lies because despite recent claims that they still want to negotiate, their actions such as rejecting the CVA and the statement they issued on Saturday are contrary to that.
When Joy Seppala met with representatives of ACL on July 25, she certainly did not demand full ownership without negotiation. She made the point that every football club needs access to matchday revenues and should own its stadium - especially under the Financial Fair Play rules.
The meeting began with Chris West making an offer of £400,000 rent with no access to the key revenues – the same offer that was on the table when ACL broke off negotiations with the club in February.
That offer was put forward despite a previous meeting at the Council House on June 3, with Council Deputy Leader Phil Townshend, Martin Reeves and Chris West at which Councillor Townshend said he was ready to discuss the sale of the freehold to the club. Mr West then acknowledged that a deal of this kind might now be possible, but said that he did not have the authority to negotiate such a transaction.
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BREAKING NEWS:
20 mins ago Club Statement
Read more at http://www.ccfc.co.uk/news/article/club-statement-050813-971036.aspx#d3bGtHkaSaf4fzQp.99
The 2013/14 season started on Saturday and it’s absolutely vital that we concentrate on the running of the club and our future plans.
But it seems not enough that ACL and the council cost us ten points last season, have hamstrung us all summer in the transfer market and last Friday rejected the CVA to send us towards liquidation and a ten point penalty for this season; it now appears they want to create further distractions with inaccurate statements regarding recent and past events.
We can answer every single point put forward and have nothing to hide. In fact, we welcome any investigation that examines this whole affair – including the property and financial deals relating to the move from Highfield Road, which is where this all began.
We are also happy for an investigation into why previous owners of the club set up the Limited/Holdings structure in 1995 and any transfer of assets since then.
That said, we are sure our supporters would rather see everyone concentrating on football and how we return the club to the area as quickly as possible.
Since the spring, ACL have refused to negotiate with the club and we were forced to agree a ground share to fulfil our fixtures and are developing plans to build our own stadium in the Coventry area.
That is where our full focus now lies because despite recent claims that they still want to negotiate, their actions such as rejecting the CVA and the statement they issued on Saturday are contrary to that.
When Joy Seppala met with representatives of ACL on July 25, she certainly did not demand full ownership without negotiation. She made the point that every football club needs access to matchday revenues and should own its stadium - especially under the Financial Fair Play rules.
The meeting began with Chris West making an offer of £400,000 rent with no access to the key revenues – the same offer that was on the table when ACL broke off negotiations with the club in February.
That offer was put forward despite a previous meeting at the Council House on June 3, with Council Deputy Leader Phil Townshend, Martin Reeves and Chris West at which Councillor Townshend said he was ready to discuss the sale of the freehold to the club. Mr West then acknowledged that a deal of this kind might now be possible, but said that he did not have the authority to negotiate such a transaction.
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2 hours 9 mins ago
Coventry City goalkeeper Joe Murphy has denied the club are looking to sell h...
Pressley refutes newspaper ...
3 hours 23 mins ago
City boss Steven Pressley has denied claims the club are looking to sell Carl...
'Signings would boost side'...
8 hours 2 mins ago
City striker Callum Wilson hopes to see some new signings come to the club af...
PLAYER: Wilson on first goa...
8 hours 6 mins ago
Callum Wilson speaks to Sky Blues Player after the 3-2 loss against Crawley T...
Orient cup clash now on sale!
8 hours 27 mins ago
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View More Articles
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Unified Player Alternative Content
More on Sky Blues Player
LATEST NEWS
Club Statement
20 mins ago
Response to recent statements published by Arena Coventry...
PLAYER: Murphy on Cup clash
2 hours 5 mins ago
Joe Murphy talks about his future at the club and looks a...
'The club aren't looking to...
2 hours 9 mins ago
Coventry City goalkeeper Joe Murphy has denied the club a...
View More Articles
News Archive
Search archive
Follow us on TwitterFind us on FacebookRSS updatesThe Official Club website of Coventry City
Official Club Partner
Official Club Partner
Official Club Partner
NEWS
Club News
Transfer News
Pre-Season News
Videos
Press Talk
FIXTURES AND RESULTS
League Table
Fixtures List
Match Preview
Match Report
Programme
TICKETS
Ticket Prices
Season Tickets
Home Tickets
Away Tickets
Disabled Supporters
TEAM
Player Profiles
Staff Profiles
Transfers News
Under 21s
Academy
Ladies Team
STATS
Head to Head Stats
Player Stats
FANS
Disabled Supporters
Memberships
Competitions & Downloads
Supporters Clubs
Junior Sky Blues
Sky Blue Sam
Customer Information
CLUB
Business Finder
History
Who's Who
Community
Charities
Vacancies
Contact Us
COMMERCIAL
Sponsorship
Advertising
Matchday Hospitality
Terms of Use |Privacy Policy |Accessibility |Company Details | Careers | Contact | Business Finder | Unsubscribe | CEOP Report Abuse
Coventry City Business Finder is powered by city-visitor.com & cityvisitor.co.uk
RSS Feed
Close Ticker
BREAKING NEWS:
20 mins ago Club Statement
Read more at http://www.ccfc.co.uk/news/article/club-statement-050813-971036.aspx#d3bGtHkaSaf4fzQp.99