Ray Ranson is to take on a new role at Coventry City after being replaced as chairman at the Ricoh Arena by former Southampton director Ken Dulieu.
Following a turbulent few months in the Sky Blues boardroom, Ranson is to become the club's football consultant.
Dulieu, who joined the Sky Blues board in November 2010, replaced Rupert Lowe when he took over Southampton in 2006.
Ranson has been at the Ricoh since coming in to save the club from administration in December 2007.
"My role as executive chairman of Coventry City over the past three years has been essentially focused on the football side of the business," said Ranson.
"Coventry City are now entering a new phase where the commercial side of the company will need dedicated focus under a new chairman.
"As my former role as executive chairman has now been split to pave the way for a new future for the club, I am more than happy to assist the new chairman and board as well as the football management team to get our results back on track."
Dulieu said: "We are delighted that Ray has elected to focus all his energies and considerable football experience as football consultant to help ensure that we retain our Championship status.
"Ray and I have an excellent personal relationship and we very much complement each other in our respective working roles within the club.
"We now move into a new chapter for the club with the first priority being results on the field in line with our objective off the field to achieve financial stability and create a platform upon which to build for the future."
Managerless Coventry, who sacked Aidy Boothroyd a fortnight ago, are 20th in the Championship - just seven points away from danger.
This was taken from a post from a pompey fan on 606
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Pompey fan in peace guys, honestly.
Bit of info on your 'new man' Dulieu. Obviously, his name was made famous for his role in Southampton's steps towards their demise, but another interesting snippet is that he's a non-executive director of a company called Vantis.
Now, Vantis were a complany initially employed by Peter Storrie (our former CEO) to try and cook up what ultimately became a mickey mouse set off accounts, to try and bluff to the courts that our finances weren't as bad as first feared - these accounts, and Vantis alon with them were laughed out of the courts.
I'm afraid to say you seem to have promoted the biggest suited muppet you're ever going to have the mis-fortune of seeing in charge of your club.
Genuinely sorry to see another league club falling into financial trouble. Best of luck cov fans.
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Quite an honest reply there by a fan of a club that's been worse off than us over recent years (yes, I didn't think that was possible either!!). If what he says is true (and I've no reason to not believe him) we are definitely in the Shit!! Now to wait for the press conference on Wednesday!
Wasn't there a big thing with Southampton where they tried to claim that the football club was seperate from "Southampton Sport & Leisure" just before they went into admin? Mmm, doesn't Coventry City Holdings "on paper" still owe a huge wadge of dosh to "Sky Blue Sports & Leisure"? Everyone told me that this was like "oweing it to yourself"...which, on his past record, is not how our new Chairpuppet is likely to see things.