Pay The Ricoh Rent In Full SISU

Last updated : 23 April 2012 By Covsupport News Service

Coventry City Council Leader John Mutton has said that SISU will have to pay the rent for City to play and use the facilities at the Ricoh Arena in full.

SISU are understood not to have paid the last rent intstallment as some sort of lever for discussion and are also understood to be wanting a reduction due to the club being relegated to League One.

Speaking to the CT's Les Reid, Mr Mutton, a match going City supporter for over 57 years, said: “There have been talks, not negotiations, which are nothing to do with the council. It’s been an ACL thing. I was with the chairman of ACL David Allvey on Saturday. I’m advised that while work is still ongoing to enable ACL to make more profit which may be able to benefit the football club, there has been no discussion about decreasing rent.

“There is a legally binding contract and that would be expected to be paid.

“If for certain reasons there is future negotiation, that would be a decision for the full council to take as a shareholder as to whether we would be prepared to accept that.

“At the moment, there seems to be more threats than negotiation – the threat to put the club into liquidation. It really is time for Sisu to realise Coventry doesn’t bow at the knee to threats.”

 

More on this http://www.coventrytelegraph.net/coventry-city-fc/coventry-city-fc-news/2012/04/23/coventry-city-will-not-be-offered-cheaper-rent-option-for-ricoh-arena-says-council-92746-30819657/#ixzz1sreDw2Gq