New ACL statement (1 Viewer)

Ricoh Arena​

THE company which owns the Ricoh Arena has rejected Coventry City’s pleas for fresh negotiations.
The Sky Blues’s owners had requested fresh talks over getting hold of matchday revenues for the stadium with the club lying in administration.
But Arena Coventry Ltd (ACL) - owned by Coventry City Council and the Alan Higgs charity - insists it can now only deal directly with the administrator.
The latest manoeuvres come with US property tycoon Preston Haskell IV circling over a possible Sky Blues takeover.​

The request for talks had been directed personally to Martin Reeves - the council’s chief executive and ACL director.
In response, an ACL spokesman said: “We are aware of CCFC Holdings’ correspondence sent to Martin Reeves.
“However, as far as ACL is concerned, as far as the Football League is concerned and as far as the FA is concerned, Coventry City Football Club is in administration.
“Therefore all negotiation can only happen via the football club’s administrator.
“The ACL board, of which Martin is a member, is focusing its efforts on working with the administrator to help the Sky Blues exit administration to play at the Ricoh Arena for many years to come.”
It follows a bitter legal dispute over £1.3million in unpaid rent between the club’s owners Sisu and ACL. Sisu have refused to pay rent to use the Ricoh claiming it is being overcharged.
It comes after Preston Haskell IV met council leader John Mutton and other key players during Coventry City’s clash with Brentford at the Ricoh Arena on Saturday.
Former vice chairman Gary Hoffman and suspended life president Joe Elliott have written to the administrator on behalf of the property tycoon expressing an interest in buying the club as soon as possible.​

Read More http://www.coventrytelegraph.net/co...o-administrator-92746-33155335/#ixzz2Q8wtvIDX​