City Issue Ricoh Rent Statement

15 February 2013 11:13
Statement Issued

Coventry City have issued the following statement regarding today's news of action being taken against them by Arena Coventry Limited.

City have said in a statement; "Despite the recent campaign by ACL to force the football club into a deal that would be completely disadvantageous, Coventry City Football Club remains committed to work through to the conclusion of a deal that is acceptable to both parties.This deal must take into consideration match day revenues to support the need for a squad which is strong and competitive and yet still complies with Financial Fair Play and salary cap rules.Therefore, we again propose to invite a leading expert in football finance - such as Deloittes - to act as mediator and help drive through a deal which makes sense."

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Source: Coventry MAD