Preston Haskell IV is continuing with a bid to get control of the Ricoh Arena and eventually Coventry City Football Club.
According to the Coventry Telegraph this morning, a source close to the American said: “He is very disappointed with the administrator’s decision on Friday but he believes there is great potential in the stadium that has not yet been realised.
“He is therefore still very interested in buying half of ACL and is going to continue discussions to try to reach agreement on half of the stadium, not withstanding the mess at the football club.
“Preston and his consortium do not understand what Sisu are trying to achieve with their bid. They don’t understand the business model, which they believe is unsustainable.
"The fans are up in arms and Preston and his people firmly believe that Coventry City should play in Coventry, at the Ricoh Arena, and they don’t see how making this move will benefit Sisu’s investors in the short, medium or long term.
“As a consequence, they are going to continue to have discussions on the stadium and wait to see what happens at the football club.”
More on this: http://www.coventrytelegraph.net/news/coventry-news/preston-haskell-iv-presses-ahead-4327125?
Source: Coventry MAD
Source: FOOTYMAD
