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Seppala And ACL Still In Talks

06 Jan 2013 00:35:45

Seppala And ACL Still In Talks

Talks still on-going but no face to face meetings planned.

Coventry City's owners SISU are still in talks with Arena Coventry Limited concerning the long running rent row saga but there are no more face to face meetings planned.

Arena Coventry Limited have issued the following statement; 

"The Board of Arena Coventry Limited, has remained in contact with Joy Seppala (SISU's boss) during the Christmas and New Year period.

"Correspondence has been exchanged and the board remains committed to finding a workable solution. At this time, however, no agreement has been reached.

"No face to face talks between ACL and Joy Seppala's Mayfair based Hedge Fund SISU, are currently scheduled. The Board of ACL is continuing to assess its legal options. A board meeting to discuss these options have not been scheduled at this time."

 

Source: Coventry MAD


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