Coventry City Owners Sisu Suffer in Court, Football League React
By iSportconnect | July 3, 2014
Mr Justice Hickinbottom cleared the City Council of any wrong-doing after Sisu had argued that a £14.4m council loan to arena operating company ACL was unlawful.
It was found that Sisu had withheld rent at the Ricoh to “distress” ACL financially and to buy a half share at a “knockdown price.”
The Football League has now told the Coventry Telegraph: “The Football League will continue with its efforts to resolve what is a complicated and hostile commercial dispute and we remain in dialogue with all the relevant parties.
“Our overriding aim is the return of Coventry City to the Coventry area within the timescale set out in the Club’s membership agreement.”
The club have been playing in Northampton because of the rent dispute and calls to return them to the Ricoh Arena have not been successful.
Coventry City Council leader Ann Lucas called on The Football League to take action and said: “They have the authority to influence CCFC and tell them to come back to the Ricoh Arena and they should step up to the plate.
“If anybody can make the Sky Blues play in Coventry again, it’s the Football League.”