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Euro MP: 'positive steps' being made to keep the Sky Blues in Coventry

Nikki Sinclaire has taken a keen interest in the future of the Sky Blues Credit: Ian Nicholson/PA Archive/Press Association Images

West Midlands European MP Nikki Sinclaire has held talks with senior management at Coventry City Football Club.

The Sky Blues have moved away from the city and are going to play their home matches at Northampton Town's Sixfields Stadium for the next three years.

Nikki Sinclaire has said she met with club Director Mark Labovitch:

"The talks were positive and a great deal was discussed today about how to engage... other stakeholders.

"I felt that we were making positive steps on moving this matter further.

"We must do all we can for the fans of Coventry City Football Club."

Coventry City reveal 90% fall in ticket sales

Coventry have moved to Northampton Town's Sixfields Stadium Credit: Tony Marshall/EMPICS Sport

ITV News Central has learned that as of 10am today Coventry City still hadn't broken the 500 mark for season ticket sales.

This time last year, the club had sold nearer 6000.

Many fans are unhappy at the club's decision to play 'home' games at Northampton's Sixfields stadium, after a deal couldn't be agreed to continue playing at the Ricoh Arena.

However fears that away fans would outnumber home fans on Sunday have been quashed by the club, who say Bristol City are expected to take approximately 400 fans.

Coventry have also sold around 200 advanced tickets for the game, meaning a guaranteed gate of at least 1100.

On the same day the current side play at Northampton, a legends team are playing at Coventry's Ricoh Arena.

It is quite possible that more fans will turn out to see the stars of the past play in a friendly than to watch the current team attempt to secure their first win of the league season.

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Coventry explain League's 'one-in-one-out' rule for transfers

Coventry City have explained how they are able to sign players whilst they are subject to a transfer embargo.

It means that as long as a player has left the Sky Blues, the club can sign another player, as long as their wages are 75% less.

Football League allow Coventry to bring in players

Manset has joined the Sky Blues on a one-year deal Credit: Martin Rickett/EMPICS Sport

The Football League have allowed Coventry City to bring in players, by partially lifting the transfer embargo imposed on the club.

It has enabled the Sky Blues to sign free-agent striker Mathieu Manset on a one-year deal with an additional one-year option.

Ricoh owner pleased with 'correct decision'

The owner of the Ricoh Arena, ACL, have responded to a High Court judge's decision to throw out an application for a judicial review by Coventry City.

The owners of the club, Sisu, brought forward the legal challenge after Coventry City Council took on the Ricoh Arena's mortgage.

We note the announcement today that the High Court has dismissed the application by SISU to seek a judicial review of Coventry City Council’s decision to take over Yorkshire Bank’s loan to ACL. We are pleased to see that what we believe to be the correct judgment has been made in this unfortunate situation.

Indeed, Mr Justice Males has made the reasons for his judgment very clear. We note, in particular, his reference to the withholding of lawfully owed rent by SISU as a means of exerting pressure on ACL in commercial negotiations, which had led to an unsatisfied judgment in the High Court in ACL’s favour.

We are also pleased that Mr Justice Males has included in his judgment the decision that ACL’s costs in relation to this dismissed case should be borne by SISU.

– Arena Coventry Limited (ACL) statement

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Council 'delighted' over judicial review refusal

A High Court judge has thrown out an application for a judicial review of the decision by Coventry City Council to take on the Ricoh Arena's mortgage.

We are delighted that permission to apply for a judicial review by Sisu-related companies (including Coventry City Football Club Holdings Ltd) into the Council's decision to restructure Arena Coventry Limited's loan at a commercial rate from Yorkshire Bank, has been refused in the strongest terms by High Court Judge Mr Justice Males.

While we always knew we had a strong case, there was always the possibility that a judge could allow the case to be heard, tying up the Council in lengthy and complex litigation which would, whatever the outcome, have benefitted no-one.

The judge has thrown out the case at the earliest possible opportunity, and while the applicants can appeal the decision at an oral hearing we hope the robust refusal of the application will allow us to move forward.

For the past few months the threat of litigation has fettered the Council. We’ve been unable to speak out about this issue or talk about the reasons why we’ve taken the decisions we have. That’s been very difficult for us all; we know how important the Ricoh Arena and the Sky Blues are to Coventry people and how desperate people are for us to do what we can to find a solution.

– Joint statement from Cllr Ann Lucas, Leader of Coventry City Council and Cllr John Blundell, Leader of the Opposition, Coventry City Council

The Council also said: "We’re clear about our priorities; our primary focus is to support the development of a very important asset for the city, continue the regeneration of this part of Coventry."

"We also want a successful and sustainable football club playing at the Ricoh. Our aim is to work hard to deliver this."

Breaking: Sky Blues council judicial review thrown out

A High Court judge has thrown out an application for a judicial review of the decision by Coventry City Council to take on the Ricoh Arena's mortgage.

Sisu, the firm which owns the Sky Blues, brought forward the legal challenge, claiming it mounted to illegal 'state aid'.

The council spent £14m buying out the loan from Yorkshire Bank.

The judge ruled that the decision was justified, because Coventry City had stopped paying £100,000 per month in rent.

More to follow...

Coventry City will welcome investigation into stadium controversy

Coventry City have released a statement in response to attacks from Ricoh Arena against the Joint Administrator Paul Appleton, the Football League and SISU.

Arena Coventry Limited initially said:

The liquidation process allows for detailed investigation of the failed business and we will be watching carefully to ensure this is carried out in an appropriate manner in the case of Coventry City Football Club Limited.

We hope also that because of the questions being asked by supporters and other stakeholders about his actions, Mr Appleton will allow new, independent liquidators to investigate the actions of the Company and officeholders if the Company does go into liquidation, which we note has still not been publicly confirmed.

– Arena Coventry Limited

In response Coventry City have welcomed an investigation into dealings at the club.

We can answer every single point put forward and have nothing to hide. In fact, we welcome any investigation that examines this whole affair – including the property and financial deals relating to the move from Highfield Road, which is where this all began.

We are also happy for an investigation into why previous owners of the club set up the Limited/Holdings structure in 1995 and any transfer of assets since then.

– Coventry City statement
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Football League 'dismayed' at continuing dispute

The Football League has said it is "dismayed" over the continuing disagreement between the the owners of the Ricoh Arena and Coventry City's administrators that has left the club on the brink of liquidation.

Earlier today, the owners of the Ricoh Arena, Arena Coventry Limited (ACL), rejected proposals drawn up by the club's adminstator that would of brought the club out of administration.

Coventry City are on the brink of liquidation. Credit: Nigel French/PA Wire

Football League Chairman, Greg Clarke said: "Once again, it is a source of immense frustration to everyone involved that the two parties in this dispute have failed to reach any agreement. The Board is dismayed at the level of intransigence being shown."

The association insisted that it would continue its efforts to get the parties to enter "meaningful negotiations" so that Coventry City can return to Coventry "at the earliest opportunity".

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