Labovitch - Make The Ricoh Valuation Public

Last updated : 05 May 2014 By Covsupport News Service

Coventry City Independent Director Mark Labovitch wants all the reports into the value of the Ricoh Arena to be made public.

Labovitch told Simon Gilbert of the Coventry Telegraph: “A lot of numbers get bandied about concerning the value of the Ricoh and of ACL, its leaseholder. It’s confusing for fans and not helpful in resolving the situation.

“I always prefer independent valuations carried out by experts. The council, the charity and ACL engaged the leading accountancy firm PWC to advise them as to the value of ACL. It would put an end to the confusion if they could make Price Waterhouse Cooper’s valuation public.”

Full story: http://www.coventrytelegraph.net/news/coventry-news/football-club-officials-call-ricoh-7073254