Next Game

Newport v Coventry

Tuesday, 29 July 2014, 19:30

Friendly Match

Cov out to avoid Pompey repeat

Chief executive Tim Fisher has stressed the need for Coventry to exit administration as soon as possible - and avoid the fate of Portsmouth.

Last Updated: 07/06/13 at 08:09

Coventry: Troubled times for Sky Blues

Coventry: Troubled times for Sky Blues

Fisher was fronting up to around 200 frustrated Sky Blues supporters at a fans' forum in the city last night, the first of three organised over the coming days.

The npower League One outfit, under hedge fund owners Sisu, in March placed the non-operating subsidiary of the club, Coventry City Football Club Ltd (CCFC Ltd), into administration, although Coventry City Football Club (Holdings) continues to operate.

As many as eight parties are understood to have voiced an interest in CCFC Ltd with joint-administrator Paul Appleton, although Fisher repeatedly insists Holdings - of which he is chief exec - is not for sale.

"The longer CCFC Ltd remains in administration, the greater the risk the football club will be impaired permanently," Fisher told supporters last night.

"The risk of staying in administration for a long time cannot be underestimated, there is a likely Portsmouth scenario if you are not careful."

Speaking to Press Association Sport last month, Fisher revealed plans to move into a new stadium having claimed City had been given no choice but to leave the Ricoh Arena, with a proposal to groundshare on an interim basis for three years while it is being built.

On Thursday night he stated Coventry were in talks with three Football League clubs each within a 30-mile radius regarding a potential groundshare.

But he also revealed those plans, and those regarding a new stadium, cannot be announced until CCFC Ltd comes out of administration - sparking fears over where City could be playing next term with the new season just eight weeks away.

"It's a very real risk, and the risk is that this becomes nothing more than a long drawn-out administration where you have players on monthly contracts and you simply look at the Portsmouth model, which for us is not acceptable," Fisher added.

Troubled Portsmouth entered administration for the second time in three seasons in February 2012 and were there for as long as 14 months before being taken over by the Pompey Supporters' Trust in April.

Related News

Most Commented

Readers' Comments

H

e made his power play to try and get Sheikhy to raise his wages or trade him to PSG. PSG were probably not interested and he is stuck with no cake and no vacation. @Jay_D> Surely you jest about FFP being real, right? All Platini is doing is making billionaries pay measly fines, so he and his cronies can get rich. If a fool can pay 50 mil for David Luiz, he will happily pay some fine to UEFA. FFP has failed as for it to succeed UEFA had to take it...

Synergy
Toure: I am staying with City

G

uess we can expect Toure's explanation of his behaviour around the same time Pete Townshend publishes his book then.

ceeps
Toure: I am staying with City

D

amn you Yaya, don't scare me like that! I only ate the icing. I didn't eat the soft and scrumptious middle - I will buy you another cake!

MCFC87
Toure: I am staying with City

Footer 365

Transfer News: Didier Drogba could return to Chelsea as Jose Mourinho considers striker

Jose Mourinho has confirmed he is considering bringing former Chelsea striker Didier Drogba back to Stamford Bridge.

International news: Costa Rica head coach Jorge Luis Pinto quits position

Costa Rica’s popular head coach Jorge Luis Pinto has quit despite their run to the World Cup quarter-finals.

Premier League: Arsenal boss Arsene Wenger rues 'impossible' pre-season schedule

Arsenal manager Arsene Wenger has criticised his side’s hectic pre-season schedule as bordering on the impossible.

Mail Box

Pre-Season Obviously Isn't Meaningless

The debate over the importance of pre-season continues, including a league table from last season for stats fans. Plus travelling to watch your team and Blackpool...

Definitely Not Getting Giddy Over A Friendly Win

We have some conclusions from Louis van Gaal's perfect start, plus a dismissal of fantasy football, worries about La Liga's greediness and thoughts on Real with Ham-ez...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property