Wednesday 5 December 2012

Phew! SISU

Coventry City fans are currently experiencing very worrying times! In arrears with the rent on the Ricoh Arena, possibly facing a winding up order and a league position that suggests that they still have much to do to avoid a drop into the lower reaches of the Football League!

They are owned by Hedge Fund SISU, yes SISU! The very same company that came very close to owning Derby County in 2006. The failed bid headed by former director Jeremy Keith beaten by that of the consortium led by local businessmen Peter Gadsby.

Those Rams fans who often criticise Mr Gadsby cannot afford to forget the potential mess that he saved us from!

Coventry were for many years a proud top flight club! I think their demise is a warning for all clubs out there! It could happen to most of them!

Below are pictures of The Ricoh and the old Highfield Road Ground which at its time of demolition was still far better than a lot of venues.





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