Another Interesting Theory

With Ray Ranson still maintaining a dignified silence (hardly the best way to get the extra ten thousand supporters the club needs a game) and not publically meeting shareholders and supporters to discuss his plans for the takeover, many rumours and theories are doing the rounds.

So as part of our remit of encouraging healthy debate amongst the Sky Blue support, here is another plausible theory that we thought would provide an interesting talking point.

"Ray Ranson had to be begged not to let the club go into administration.

This was to prevent certains actions including the disappearance of the £2m alluded to by Alki David and first spotted by Manhatten, from being discovered.

Mr Ranson's price for his silence in the matter of sweeping this under the carpet was to demand all the shares, to give him complete control of the club. Hence the pressure being put on shareholders to hand over their shares."

Shareholders today received a letter from Joe Elliott calling for shareholders to hand back their shares before the January 7th deadline.

In the letter, Mr Eliott said: " "The club has two routes it can follow - the launch pad for success with Ray Ranson and his team investing in our football club, or hover on the brink of disaster if we don't reach the share percentage that SISU are aiming for.

"If we do not reach 90 per cent then the future is bleak - and shareholders are asked to make sure that this deal which will take Coventry City, hopefully back to the Premiership, goes through."