Council Leader To Be Quizzed Over CCFC/Ricoh Arena Situation

Last updated : 12 September 2012 By Covsupport News Service

Coventry City Council Leader John Mutton is to be quizzed next Tuesday about the latest situation between Arena Coventry Limited and Coventry City and their owners SISU.

The questions that Councillor Kevin Foster will be putting are:

In light of the current situation surrounding SISU, CCFC and ACL, a company in which the City Council owns a 50% shareholding, will the Leader outline: 

i). What role he has played in any discussions with ACL, SISU or CCFC about the level of rent to be paid by CCFC for use of the Ricoh Arena?

ii). Has he on behalf of the City Council set any financial threshold that ACL must seek to return to the Council in future?

ii). Have there been any discussions about SISU acquiring the City Council's shareholding in ACL or varying the position in relation to the city council as a shareholder?

iv). What arrangements will he be making for any agreement that could see the alteration of the City Council's future income as a shareholder to be debated and agreed by Councillors?