by From Despair To Where? »
04 Aug 2013 11:17
Coventry were still dreadfully mismanaged though. Putting aside the £1.3m annual rent for one moment, the owners signed away 100% of the food revenue to Compass when they got the contract, they only got something like 10% of the parking revenue. Their break even attendance was 23,000. City fans want the club in Coventry. Sixfields may be the only option but it isn't a realistic one but hopefully Coventry fans can take heart from what happened to Brighton.
I am told by a Coventry City season ticket holder at work that there is an offer on the table to renegotiate the rent at the Ricoh to £150,000 a season but I believe that is dependant on all back rent being cleared. which required someone to stump up the cash to buy the club and pay off the debts. Clearly Coventry City are the only viable tenant so I don't really know what the owners of the ground hope to achieve the elephant on the badgeh is quite ironic considering there's a big white one sitting on the outskirts of the city