Coventry City’s owners, hedge fund Sisu, have returned to the High Court to pursue their claim that Coventry City Council’s £14m bailout of the Ricoh Arena was illegal. Their latest move is designed to secure the release of documents they consider to be relevant to the case.
Coventry City’s owners, hedge fund Sisu, have returned to the High Court to pursue their claim that Coventry City Council’s £14m bailout of the Ricoh Arena was illegal. Their latest move is designed to secure the release of documents they consider to be relevant to the case.
City Council leader Ann Lucas has insisted that the Ricoh Arena can survive on events alone if necessary.
Coventry MP Bob Ainsworth has suggested in the House of Commons that the Government should appoint an independent liquidator to unscramble events at the club.