Robinson Bid Not Pleasing ACL

The MP submitted a bid along with a consortium fronted by Ray Ranson but a statement issued by Arena Coventry Ltd indicates that this bid which is rumoured to want City placed in administration, needs to be vastly improved.

ACL, who said Mr Robinson's bid was "difficult to accept" and "less advantageous" than Mr Ranson's bid said in a statement:
 
"As part of our ongoing commitment to help positively secure the future of Coventry City Football Club, ACL directors met with representatives of a consortium introduced by Geoffrey Robinson on Friday evening and both sides are currently reflecting upon that meeting.

"Notwithstanding the very credible make-up of the consortium team, on the basis of the proposals presented to ACL directors, which we recognise to be less developed than others we have seen, we believe that there are key aspects of the consortium's proposals which would be difficult for the ACL board to accept and deliver and which are less advantageous to a secure future for Coventry City Football Club.

"Recognising the mounting financial pressures on Coventry City Football Club and the need to secure an urgent resolution to avoid administration, ACL calls on the Co-Operative Bank and the board of Coventry City Football Club and its shareholders to bring these competing negotiations to a conclusion and give clarity and certainty in terms of how a secure future for football in Coventry can be delivered."

Robinson's bid has not gone down well with many City supporters. 76% of those who answered a poll said they would not support Mr Robinson whose time at the club and in politics is often described as "colourful".

With City seventh in the table and in with a good shout of the play-offs, following an excellent victory at Stoke on Saturday, the placing of the club in administration and the deduction of ten or fifteen points would greatly harm any chance of promotion and it is understood that City are very reluctant to go down this route.