Martin Kelman has said that he wants to use "Crowdboarding" to help fund paying the rent for Coventry City FC to use the Ricoh Arena.
Mr Kelman, who has been told by Mark Labovitch to go through the proper channels, appears to be distancing himself from the Highfield Group which wants ownership of the Sky Blues.
“At this time it is a simple pledge until the amount required is determined by Sisu and ACL,” Kelman, who is now the subject of some heavy investigation into his business dealings by some City supporters, it is understood, said to the Coventry Telegraph's Simon Gilbert: “No money will change hands until the rent is finalised. Once the amounts are set, it is important to start to show the support as we all know £2m to £3m is a good ‘ballpark’.
“All funds raised would go directly into the club in entirety with excess utilised for operational costs.
“A water fall starts with a drop of rain, as long as we have continued momentum we will continue it until we can reach agreement even if this takes a year or more.
“This change has to take place, and the Coventry fans now have the mechanism to make this change if they want it enough and will support the model to make it happen.”
Full story: http://www.coventrytelegraph.net/news/coventry-news/usa-businessman-reveals-more-details-7029554