Diego_Sideburns Posted January 15, 2013 Share Posted January 15, 2013 Coventry City Council has agreed to bail out the company that runs the Ricoh Arena with a £14m loan. http://www.bbc.co.uk...kshire-21033825 Quote Link to comment Share on other sites More sharing options...
jsslatic Posted January 15, 2013 Share Posted January 15, 2013 That explains why said company had issued Coventry with a statutory demand for their debts. Quote Link to comment Share on other sites More sharing options...
jsslatic Posted January 15, 2013 Share Posted January 15, 2013 Just looked at their forum, interesting reading. Looks like the speculation previously has been SISU (who own CCFC) were withholding rent in the knowledge of ACL's financial woes, waiting for them to go bump and then picking up the stadium themselves on the cheap. This scuppers SISU now as with ACL's future secure CCFC are going to have to come to an agreement and start paying some bloody rent. Saturday could be fun! Quote Link to comment Share on other sites More sharing options...
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