Ricoh Arena

Next Game

Coventry v Crewe

Saturday, 25 April 2015, 15:00

Sky Bet League 1

Ashton Gate

Last Game

Bristol C 0 - 0 Coventry

Saturday, 18 April 2015, 15:00

Sky Bet League 1

Four bids lodged for Coventry

Four bids have been lodged for Coventry City Football Club Limited, the joint-administrator has confirmed.

Last Updated: 13/06/13 at 17:16 Post Comment

Steven Pressley: Four bids received for League One club Coventry

Steven Pressley: Four bids received for League One club Coventry

Interested parties had until noon on Thursday to submit their best and final offers for purchase of CCFC Ltd's assets, coming after Friday's deadline for indicative offers which was understood to have attracted half a dozen suitors.

Joint-administrator Paul Appleton will now evaluate each confidential bid before making his recommendation on the most suitable as soon as possible.

"Following today's deadline for final and best bids for CCFC Limited, I can confirm I have received four bids," read Appleton's statement.

"I will obviously now take time to consider these bids before contacting the bidders with my final decision on a preferred purchaser.

"There will also be discussions with the Football League as part of this process."

The Sky Blues and Arena Coventry Limited (ACL), who run the Ricoh Arena on behalf of joint owners the Alan Edward Higgs Charity and Coventry City Council, have been involved in a lengthy and bitter rent row which has been ongoing for around 16 months.

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

Holdings, or a related company, are reported to be one of the bidders interested, while ACL - who have handed CCFC Ltd the opportunity to play at the Ricoh Arena rent free next term - have also shown an interest, but it is not known whether final offers have materialised.

American multi-millionaire Preston Haskell IV, a property tycoon, is another suitor believed to be in the running for the financially-stricken club, with former City vice-chairman Gary Hoffman and suspended life president Joe Elliott at the forefront of the consortium.

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

Fisher's plans to groundshare, 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 over seven weeks away.

Related News

Most Commented

Readers' Comments

I

f Klopp is available and willing to go there, they have to sign him up. Far better manager than Rodgers. The reason Liverpool fail in so many big games is the inflexible nature of their manager and his inability to find strikers who fit into his inflexible style of play. A feature of nearly every game that the team comes up short is the way the opposition midfield appears to overpower them. It's too easy.

Gab1965
Make Way For A Proper Genius, Brendan

B

est player award should not go to a player who's second best at all the importent categories (i.e goals, assists etc) just because his team is at the top. If you are not first you are last; if you're second you are the first loser ( looking at you Hazard). David De Gea for POTY.

mrbigstuff
Chelsea Not Worthy? Oh Please Stop It...

Y

ou can win five in a row or lose five in a row... Or in Carver's case you can win one in a row or lose five in a row.

black_waltz
Carver: I'm up to the job

Footer 365

Tom Cleverley credits Tim Sherwood for turning around Villa's fortunes

Tom Cleverley says Aston Villa have been transformed by Tim Sherwood's attacking mentality.

Tottenham move perfect for me, says Dele Alli

Dele Alli is looking forward to getting his Tottenham career started and feels it will be good for him to work under Mauricio Pochettino.

Robin van Persie plays first game in nine weeks for Man Utd

Manchester United striker Robin van Persie got an hour's play under his belt on Monday in his first game since February.

Mail Box

Klopp Over Rodgers? Not On Your Nelly

Liverpool fans have short memories and should give Rodgers more time, while Jose's tactics and claims are getting many more in a stew. It's the afternoon Mailbox...

Thank You And Goodbye, Mr Rodgers

The genius of Tactics Tim, time is up for Rodgers, the curious case of Eric Lamela, and the flaws of tactical voting - today's Mailbox is bursting at the seams...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company