A Bonded Deal

Last updated : 10 May 2006 By Covsupport
As part of Operation Premiership, Coventry City are looking for some thirty investors to put in either £50K or £100K into a bond which will give then a 3-4% p.a. return (fixed rate), with a 20-25% bonus when the club gets into the Premiership.

In time these bond holders will gain a ‘class B' share in the club but this wouldn't give them any voting rights. Bond holders get a permanent seat in the directors box.