There Is Interest

Last updated : 08 January 2007 By Covsupport

Those who attended the Supporters Consultation Group meeting tonight at the Arena heard that there has been interest in the club from possible investors. Ken Sharp refused to reveal any names but Covsupport understands that a couple of possble interested parties want the whole Arena site as part of the deal for the club.

The on-going campaign for City to release some of their unissued shares for general sale has received favourable praise from Club officials. It is in the constitutiion of Coventry City Holdings Ltd that they can issue 5% of unissued shares per year if they wish to.