Coventry City Football Club (Holdings) have said in a press statement that they want 'a negotiated solution' to the Ricoh Arena rent row.
The statement reads as follows:
"On Friday, 5th April we once again made it clear to Martin Reeves - Chief Executive of Coventry City Council and a director of ACL - that we want a negotiated solution, if necessary with a mediator to resolve the on-going dispute concerning the rent and match-day revenues at the Ricoh Arena.
"We have asked Martin to respond by Friday 12th April.
"The club's owners are 100 per cent committed to its long-term future and are determined to put the club on a sustainable business footing to ensure its viability and success going forward"
More http://www.coventrytelegraph.net/coventry-city-fc/coventry-city-fc-news/2013/04/10/coventry-city-owners-ask-for-negotiated-solution-to-ricoh-row-92746-33151169/#ixzz2Q4Moaxb6
Source: Coventry MAD
Source: FOOTYMAD
