Political Economy of Football
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Coventry City Football Club Ltd.

Traditional Coventry City Football Club strip

Notes:

In April 2003 the club announced massive debts totalling just over £20 million but also the completion of the first stage of their new ground - a £60 million multi-purpose, 32,500 capacity stadium (the Ricoh Arena), managed by a company set up by the football club and Coventry City Council. Completed in time for the 2005-06 season, the stadium incorporates a 6,000 square-metre exhibition hall, a hotel and a leisure club. There are plans for a casino and the site is also home to a retail park containing one of Europe's biggest supermarket stores, operated by Tesco. Camera and photocopier manufacturer Ricoh's sponsorship deal, rumoured to be worth £10 million over 10 years, came about after the stadium's initial sponsor, the motor firm Jaguar that was traditionally based in the city, pulled out.

Turnover and pre-tax profit figures are in millions.

Website: www.ccfc.premiumtv.co.uk/

 

Financial Overview

Coventry City Football Club (Holdings) Ltd
 
 
 
 
Year
Turnover
Pre-tax profit
Wages / Turnover ratio (%)
Employees

2006/07

9.667

-4.277

 

409

2005/06

9.926

-3.320

71.5

429

2004/05

8.686

-0.881

81.7

461

2003/04

7.888

-8.146

 

395

2002/03

14.502

-5.768

87.1

423

2001/02

16.446

-2.186

 

591

2000/01

23.940

-0.853

80.5

617

1999/00

20.136

-6.529

78.6

594

 

 

 

 

 

Coventry City Football Club Ltd
 
 
 
 
Year
Turnover
Pre-tax profit
Wages / Turnover ratio (%)
Employees

2006/07

7.699

-2.842

 

74

2005/06

7.561

-2.876

77.7

72

2004/05

5.853

-1.984

95.7

75

2003/04

5.925

-3.097

2002/03

12.772

-4.549

88.9

79

2001/02

13.678

-1.244

118

2000/01

20.465

0.601

81.8

128

1999/00

16.483

0.005

84.3

119

- - -

- - -

- - -

- - -

- - -

1995/96

6.440

-15.641

70.7

67

 

 

 

 

 

Spectator Numbers since 1994/95

Coventry FC Match Attendance figures graph

(domestic league matches only)

Archived Articles on Coventry FC

Brinkmanship At Coventry - 04/12/2007
Coventry City, £38m in debt and restricted by a transfer embargo, have taken a calculated risk by filing a court notice to go into administration in the hope that a proposed takeover will be completed in the meantime...

Possible Coventry Deal Getting Nearer - 30/11/2007
A takeover of Coventry City by Ray Ranson's Sisu consortium appears to be in sight. After two days of intensive talks...

Coventry Takeover Imminent - 04/11/2007
A takeover of Coventry City is thought to be imminent as pressure grows on the directors to make a decision on two takeover bids for the debt ridden club...

Coventry City Under Transfer Embargo - 23/10/2007
Coventry City have been subjected to a Football League transfer embargo imposed after the Sky Blues reportedly failed to meet instalment payments from Leon Best's transfer...

Fate Of Sky Blues Rests With Co-Op - 09/10/2007
The fate of Coventry City now lies in the hands of its main creditor, the Co-operative Bank where it is understood that £18m of the club's £38m debts are owed...

Coventry In Trouble After MD Quits - 07/10/2007
Former Coventry City managing director Paul Fletcher has stated that his resignation was due to the failure of the proposed takeover of the club...

Coventry City's Future Remains Uncertain - 23/09/2007
Coventry City's Ricoh stadium is superb with its hotel and conference facilities and a great improvement on their former home, however, it has not resolved their financial position...

International Investors Target Championship Clubs - 11/03/2007
Foreign investors are increasingly targeting Championship clubs with little or no international reputation for acquisition...

   

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