Next Game

Newport v Coventry

Tuesday, 29 July 2014, 19:30

Friendly Match

Clarke departs Coventry role

Coventry deputy chairman John Clarke has resigned from the League One club's board of directors.

Last Updated: 04/03/13 at 19:37

Ricoh Arena: Home of Coventry

Ricoh Arena: Home of Coventry

Clarke, a Sky Blues fan for over 45 years, has enjoyed two spells as a director - first in the early 1990s and again from January 2011, with his latter stint always scheduled to be for two years.

But his departure comes as the financially-stricken club are embroiled in an ongoing rent row over the Ricoh Arena, which has subsequently seen their bank accounts frozen, while last week they were placed under a transfer embargo having again failed to file their annual accounts on time.

Clarke said: "It is with profound sadness that I am leaving the board for a second time.

"It was always my intention to stay on a little longer than the two years I had originally planned in order to hopefully see a resolution to the current situation. At the moment that does not appear to be the case.

"As both an associate director and more recently board director, I have been acutely aware of the fact that SISU (City's owners) have ploughed nearly £45 million into the club, and in more recent times have streamlined the business in an effort to make it more sustainable.

"I have therefore been very unhappy as the local director on the board with the danger of an insolvency event due to the current external legal pressures. I have made it clear that I want the club to find an affordable and sustainable way to stay at the Ricoh.

"The past two years in the club has been the most challenging in my professional career and I leave in the hope that ACL (Arena Coventry Limited, who manage the stadium on behalf of joint owners the Alan Edward Higgs Charity and Coventry City Council) will come up with a resolution that will give the club a platform to build a sustainable financial future and the supporters the success they deserve."

Clarke returns to his role as one of the club's associate directors, a group of local businesses who invested in the club in 2007.

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

World Cup: Argentina fined by FIFA for displaying controversial banner

FIFA have handed the Argentine FA a fine of just under £20,000 after their players displayed a controversial banner.

Luis Suarez's biting ban to be fast-tracked by Court of Arbitration for Sport

The Court of Arbitration for Sport may rule on Luis Suarez's appeal over his biting ban before the start of the season.

Transfer News: Liverpool goalkeeper Jose Reina keen to end career in Spain

Liverpool goalkeeper Jose Reina expects to stay at Anfield but hopes to end his playing career back in his native Spain.

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