The Sky Blue Trust have made a statement following their meeting with the Administrator Paul Appleton tonight.
The statement is as follows: "Following the Trust Boards meeting with the administrator, Paul Appleton, several issues were raised and explained. The first being the location and ownership of the Golden Share. Mr Appleton explained his investigation was still on going and pointed out that there may be a conflict between the legal ownership and the beneficial ownership of the golden share. The second major matter covered was Mr Appleton’s announcement that he is opening up the sales process tomorrow, Friday 17th May, for the right, title or interest in the golden share and any other assets that may lie in CCFC Ltd. The meeting was positive and constructive with a willingness from both sides to continue dialogue and co-operation."
More on the Sky Blue Trust; http://www.skybluetrust.co.uk/
Source: Coventry MAD
Source: FOOTYMAD
