The Name Game

Last updated : 30 October 2007 By Covsupport
There has been much speculation as to who is the leading bidder to buy Coventry City Football Club (Holdings) Ltd and the Ricoh Arena.

According to this morning's CT: An insider revealed last night: "The business of these people is looking at companies which have potential, but are not developing or not being managed well. "They come in and invest and turn these companies around.

"They don't walk away, they are there for the longer term to make the companies profitable." The story also says that "The investors are based in Britain but have an international reputation".

That would lift Jorge Rubenstein to the top of the list of candidates. Mr Rubenstein, who is Portuguese is a part-time football agent and head honcho for a UK-based Investment fund. He has links to Best Holdings Ltd who have already been shown around the club.

A consortium fronted by Graeme Souness is one possibility. Rumours that he was at the Ricoh on Saturday and stayed the night at Coombe Abbey have not been properly denied but this consortium which may or may involved Paul Fletcher is thought not to have enough funds to be serious contenders.

Our very good friends at GMK have suggested a consortium fronted by Ray Ranson. A man who did very well out of Leeds United, Ray Ranson has bid for Aston Villa and Southampton.

City's Board are due to meet this afternoon to discuss a deal on the table which will have to meet the approval of ACL, The City Council,Alan Higgs Charity and The Co-Op Bank.