Haskell persists with Sky Blues bid

American tycoon Preston Haskell IV intends to persist with his attempt to buy a half share in the Ricoh Arena and secure control of Coventry City despite his disappointment at not being named preferred bidder by the administrator.

Sisu were able to mount the largest bid by writing off debt.   Haskell thinks that their business model is not sustainable in the long run and hopes they will eventually sell out to him.

American tycoon Preston Haskell IV intends to persist with his attempt to buy a half share in the Ricoh Arena and secure control of Coventry City despite his disappointment at not being named preferred bidder by the administrator.

Sisu were able to mount the largest bid by writing off debt.   Haskell thinks that their business model is not sustainable in the long run and hopes they will eventually sell out to him.

They have to pass the Football League’s fit and proper person test, but it is actually quite difficult to fail that test.