Next Game

Newport v Coventry

Tuesday, 29 July 2014, 19:30

Friendly Match

Coventry seeking 'normality'

Coventry will seek to start negotiations with Arena Coventry Limited to achieve "commercial normality" after being handed a rent deadline.

Last Updated: 05/12/12 at 22:21

Ricoh Arena: Coventry handed a rent payment deadline

Ricoh Arena: Coventry handed a rent payment deadline

The Sky Blues have been handed a 21-day deadline to pay their outstanding rent on the Ricoh Arena.

ACL issued them with the deadline after being owed £1.6million by the Sky Blues, but the League One club will fight what they believe are extortionate rates.

"We are disappointed by ACL's actions to issue a statutory demand to Coventry City Football Club rather than, as we had requested, sitting down with us to negotiate a level of rent which the club can afford and which is in line with the rent paid by other clubs," a statement read.

"For reference, ACL has been charging CCFC an annual rent of £1.28 million, which we understand is the highest in both League One and the Championship.

"We understand that the average annual rent paid by League One clubs (excluding CCFC) is less than £170,000 and that the average in the Championship is less than £290,000. All other clubs which rent their stadia get full access to 100 per cent of match day food, beverage and car parking revenues, unlike CCFC.

"The club's objective in requesting these negotiations with ACL has been only to bring about a state of commercial normality, where CCFC pays the same level of rent and has access to the same type of ancillary revenues as the other football clubs with which it competes."

The Sky Blues left their Highfield Road home in 2005 to take up residence at the 32,000-seater stadium, but insists it has become unviable to continue there.

The statement continued: "It is unsustainable for CCFC to be put at a severe financial disadvantage to its peers.

"While we have been seeking to normalise the rent, we have continued to pay match-day costs to ensure that ACL is not left out-of-pocket.

"The club remains committed to the city and people of Coventry. However, its viability depends on it finding an alternative home ground where it can afford to play."

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

Liverpool's Adam Lallana could miss start of Premier League with knee injury

Adam Lallana looks set to miss the start of the new Premier League season after suffering a knee injury in training.

Liverpool: Fara Williams welcomes Steven Gerrard contract news

Fara Williams reckons the contract set to be handed to Steven Gerrard will give Liverpool supporters a huge boost.

Transfer news: Sunderland sign Patrick van Aanholt from Chelsea

Sunderland have completed the signing of Holland left-back Patrick van Aanholt from Chelsea on a four-year deal.

Mail Box

Are Pre-Season Tours Really A Problem?

Are pre-season tours really a problem? Liverpool went to Australia last summer and it didn't prevent them from having a good season. Plus, thoughts on LvG and keepers...

It Isn't Easy Supporting Spurs, You Know

We have a long mail about the travails of supporting Spurs, plus Friday thoughts on Marko Marin, marketing, victory v beauty, travelling and vanishing sprays...

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