Council Concerned That SISU Would Liquidate

Last updated : 01 April 2014 By Covsupport News Service

Coventry City Council were concerned that SISU were going to liquidate Coventry City FC, a court in Birmingham heard

According to the Coventry Telegraph's Simon Gilbert who is at the High Court case between SISU and The Alan Higgs Charity, a report of August 2012 suggests that "Coventry City Council took on Yorkshire Bank loan knowing Sisu would see it as a hostile act and the report "indicates Council believed Sisu would liquidate club as a result but might be persuaded to put the club on the market."

More on this: http://www.coventrytelegraph.net/news/coventry-news/live-news-sport-coventry-warwickshire-6899009#live-now-6899000