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New Coventry ownership wants stadium back with club
England - 19 December, 2007
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With Ray Ranson now in charge at English Coventry City, he plans to get half of the stadium ownership back in club hands.
Ranson and SISU Capital worked late-hour deal to get control of the club before it was forced into administration. The first step for Ranson was to get Ricoh Arena back to the club, with part of the deal including a casino, club and hotel.
The club was GBP 40 million in debt, but Ranson said he was optimistic that the club now could move in the right direction.
Ranson and SISU Capital worked late-hour deal to get control of the club before it was forced into administration. The first step for Ranson was to get Ricoh Arena back to the club, with part of the deal including a casino, club and hotel.
The club was GBP 40 million in debt, but Ranson said he was optimistic that the club now could move in the right direction.
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