Trust Call For FL To Investigate Relationship With Administrator And CCFC Holdings

19 May 2013 00:27
Sky Blue Trust: Statement on current situation

When Coventry City FC Limited was placed into administration Paul Appleton of David Rubin & Partners LLP was appointed as joint administrator. This means he is in charge of the business. This is established in law.

We are therefore confused about why Tim Fisher, former Chief Executive of Coventry City FC, and who we believe is still employed by Coventry City FC (Holdings) Ltd, appears to be exerting such influence over the actions of Paul Appleton, particularly around the future of the club at the Ricoh Arena.

We are currently seeking legal clarification of this understanding, as we are concerned that Paul Appleton is not acting in the best interests of the creditors of Coventry City FC Limited.

Ultimately, the decisions made by Paul Appleton and David Rubin and Partners LLP are about the future not of an ordinary business, but of a community asset; a Football Club that has been part of our City, its life and its community since 1883.

We take the current threat to the future of our Football Club extremely seriously and will not sit back whilst it is buffeted by the demands of a small group of self-interested, selfish individuals who have no interest other than themselves and their short-term investment concerns.

We call on The Football League to investigate this relationship, that the integrity of their competition is protected, and the Football Association also stand firm on this threat to our Football Club and our national game.

 

 

Source: Coventry MAD

Source: FOOTYMAD