Everything you need to know to make sure you never miss a moment. The home of Coventry City on BBC Sport online. Mark Robins gives Coventry City hope that dark clouds are lifting, Original reporting and incisive analysis, direct from the Guardian every morning. "Revealed: The Premier League club Southampton FC is close to being sold to Dragan Solak, a Serbian-born businessman behind cable-TV operator United Group, according to my sources. Stadium. Ashley is understood to have signed a Head of Terms agreement with Wasps Holdings to refinance their debt, but the deal collapsed due to a shortage of time. please read our, Huddersfield Town match to be played on Saturday 28th January, Huddersfield Town trip to Coventry City rearranged after Bristol City game postponed, Report clears up transfer rumour involving Coventry City and Swansea City with move now looking, Journalist issues update on Coventry Citys chances of securing transfer deal for Manchester City player, Be a good move for both parties Swansea City fan pundit reacts amid Jamie Paterson/Coventry City transfer news, Update emerges on Coventry Citys interest in Wolves and Swansea City players, 'A bit crazy' - Coventry City loanee Martyn Waghorn lifts the lid on his Huddersfield Town move, Matchday Memories: On This day 1995 See Sky Blues Hand Heave Ho To WBA In Cup (Ten v Ten), Matchday Memories: On This Day 1987 Goalless At Highbury As Sky Blues Make Live TV Debut, Sky Blues in the Community supporting 'Drop the Denim' campaign, CCFC Old Boys News: Former Sky Blues 80s Striker Is 72 Today. The club have not played in the top flight since being relegated from the Premier League in 2001. But, when the Arena formally went into administration, it was ruled that Mike Ashley's reported 17m deal, including a 1.2m exclusivity payment up front to help keep the ground open for the Sky Blues to play home games in, should be allowed to proceed. Or by navigating to the user icon in the top right. Just like Keane, the Welsh international only played one season for the Sky Blues before moving to former Premier League rivals Newcastle United for a slightly lower fee of 8.10 which makes the winger the joint second record sale behind Robbie Keane. Coventry City manager Mark Robins will approach today's Championship opener with Bristol City full of optimism after a superb summer transfer . Get the latest transfer news, match previews and news direct to your inbox! Youve got a property developer in the mix, youve got people who own the football club who have a slightly inflated idea of what its worth. Coventry had received a stadium eviction notice from their ground's new owners Frasers Group in November, who acquired the Coventry Building Society Arena from administrators. "But what has already been apparent about the new owner is his greater willingness to interact than his predecessors. King, a businessman based in Stratford-upon-Avon, agreed to a purchase of Coventry in November and the deal was signed off by the EFL on Tuesday, making the club debt free. . "He's been careful not to promise the earth but he has said he does have bigger resources than the previous owners with which to back up Mark Robins and the recruitment team.". In an exclusive interview with the Coventry Observer today, Mr Fisher said discussions were already taking place with a view to immediate improvements in player recruitment identified by Robins publicly in his first press conference on Tuesday. Jamie Paterson from Swansea to Coventry: Is it a good potential move? Hes dynamic and its exactly what we need and what were looking for. Sorry, no headlines or news topics were found. facebook.com/CovObserver News; Transfers 22/23 : people conor mitchell The following month after Robins departure, the council and Alan Edwards Higgs Charity owned Ricoh company Arena Coventry Limited filed for administration of the football club in the High Court. Our Standards: The Thomson Reuters Trust Principles. The. The club put out a statementexternal-link to say that he has resigned as a director after 12 years on the Sky Blues board. Coventry accepted a suspended five points deduction before the end of the year, after three of their Championship home games had to be postponed earlier this season because of the unplayable condition of their pitch. The 19-year-old Republic of Ireland international only played during one season for Coventry where he scored 12 times before catching the eye of Italian giants Inter Milan. Please ensure your password has at least 8 characters, an uppercase and a lowercase letter, and a number or symbol. Former Open champion Shane Lowry says it's "going to be an interesting few months" as the PGA Tour, DP World Tour and LIV Golf continue their feud, writes Iain Carter. Coventry City receive Viktor Gyokeres boost amid Leeds United development. The Coventry Observer is one of a group of local weekly newspapers spanning Worcestershire, Warwickshire and the West Midlands published by Bullivant Media Group - each newspaper providing all the latest local news, sport and advertising, in print and 247 on line. The deal will involve clearing all of the Club's current debts, leaving it debt free. Reporting by Anita Kobylinska Coventry City fan favourite and former Brighton striker Viktor Gyokeres has shown that leaving a Premier League side for regular football can work out in the long run. . The Sky Blue Trust has reacted to reports of an impending takeover of Coventry City. Coventry City: Transfer ins and outs - January 2023. Sky reporting we've been sold for 100m. Mike Ashley has been linked with a move for Coventry City. Coventry are currently 15th in the Championship table, six points adrift of the play-off places. We also may change the frequency you receive our emails from us in order to keep you up to date and give you the best relevant information possible. READ MORE: New Sports Direct HQ twist amid Mike Ashley claims of Coventry City, Wasps and CBS Arena deal, READ MORE: Billionaire 'considering a bid' to buy Coventry City and CBS Arena. The fans group The Sky Blue Trust and associated groups have campaigned for fans or part-fans ownership for five years, but have failed in that time to show a credible plan for achieving it. To be clear, the owners have not received any credible offer for the football club. Stay up-to-date with all the latest Sky Blues rumours! Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. This means that we may include adverts from us and third parties based on our knowledge of you. "I am honoured and excited to be taking this club forward into its next chapter," said King. We can provide all of your printing needs at competitive rates. Doug King has completed his takeover of Coventry City but failed in his bid to buy the CBS Arena, which is now owned by Mike Ashley. Transfer rumours: Guirassy to Everton, Vestergaard exit from Leicester, Estupinan to Nottingham Forest. But being competitive in this January market itself will be an immediate test of what the future of the club may look like. The 29-year-old is available on a free transfer after being freed by Derby and is now eyeing a possible Highfield Road return. Doug King has become Coventrys majority shareholder after his purchase of the Championship club was signed off by the EFL. New ownership will always bring new dynamics, but King has shown a lot of promise from his initial few weeks of getting involved with the club. Hes a consummate professional and a good man.. Declan Harte. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. But he added, while the politics was not for him, he was in charge of the team and recruitment, which needed to improve, while the academy must also be retained. Want to write for us? He previously co-founded investment firm RCMA Capital LLP - which has overseen investments of more than $400m (337m) - and of which he remains the owner as majority shareholder. A new deadline of August 12th was granted, however Wasps have since outlined how they will also miss this date due to not being able to 'agree final terms for refinancing'. Squad . He would not be further drawn on stadium and academy-related questions at this stage. The Premiership rugby side share the same stadium with Mark Robins squad and are in default regarding a 35 million bond after failing to repay retail investors who financed the purchasing of the Coventry Building Society Arena in 2015. The entrepreneur, who is a founder of San Diego-based mobile device distribution company, attended the Sky Blues match with Millwall in August - where is understood to have met a senior figure at the club. Team: P: W: D: L: F: A: GD: PTS: 1: Manchester City Man . The Coventry Building Society Arena, home of Coventry City. The deal that has been put forward is worth more than 50m with a further 12m earmarked for working capital, and does not involve any interest in the football club. This means that we may include adverts from us and third parties based on our knowledge of you. From plumbers, to restaurants, we can provide you with all the info you need. Laurence Bassini and Maxi Lopez are making rivals bids to buy Birmingham City. Read about our approach to external linking. Bantams Torment Thames In D3, New Coventry City era under Doug King and January transfer window - Sky Blues Q&A live, Members News: Sky Blues Noughties Forward Hits 45 Today. 11 Jan 2023 02:52AM (Updated: 11 Jan 2023 02:52AM) Businessman Doug King has become the new majority owner of Coventry City, the English second-tier Championship side said on Tuesday. SISU Capital Ltd, the owners of Coventry City Football Club, has agreed - subject to EFL approval - to sell a majority stake in the football club to local businessman, Doug King, who will take an 85% share. Transfer Rumour: Coventry City are set to sign 19 year old Dexter Walters from Tamworth. COVENTRY City chairman Tim Fisher insists Mark Robins WILL get the 'tools for the job' - and dismissed speculation his is trying to put together a consortium to take over the club. Leeds are now guaranteed to be the first team to play a full year in the top-flight and concede at least two goals per game on average - currently 72 in 35 games in 2022 - for 38 years (Coventry City in 1984, 95 in 43 games) The book is then divided into eight thematic sections, where specific subjects are covered individually. Doug King's takeover of Coventry City comes with the club 14th in the Championship Coventry City's new owner Doug King has completed his purchase of a majority 85% share in the Championship club . Fans groups still hopingfor a fansacquisition or part-acquisition of the club in a so far failed quest to remove Sisu as owners after five years of trying have in recent weeks mooted what they claim is a possibility of doing so through another administration, after non-renewal of season tickets. Jojar Dhinsa - who was born in the city - has revealed his intention to . The report stated that a senior source believes Sisu are open for business regarding a deal amidst the rumours, claiming they would also consider a part-sale of equity if a third party looked to secure the lease for the stadium moving forward. "When Coventry City announced that SISU had agreed to sell 85% of the club's shares it followed months of speculation that they might be ready to hand over to new owners - but the name Doug King had come from nowhere. Back in November, it was reported by The . Viktor Gyokeres at Coventry City: Who is interested? Coventry City have been targeted for a takeover by a businessman who is willing to become their own 'Roman Abramovich'. City sign new CBS Arena rent deal until end of season, King himself made a late 25m bid to also buy the stadium, which was up for sale after Premiership rugby union side Wasps, the ground's owners since 2014, revealed in October that they would have to go. Catch up on your local news by reading our e-editions on the Coventry Observer. Former Loughborough University mathematical engineering graduate King has a background in trading grains, non-grain feeds and petroleum. Mr Fisher also discussed the clubs decision to replace Russell Slade with Robins in Sundays dramatic events first revealed by the Coventry Observer website. Premier League giants Liverpool have been linked with a takeover in recent weeks and Sky Sports pundit Gary Neville has now dropped a major hint regarding the club's . Hadji joined Coventry for over 5m which made him a record signing at the time along with Keane, and the former Morrocan international only played for two seasons before leaving for Premier Leagues Aston Villa in 2001 the attacking midfielder was sold for a low 3.60m fee. Analysis and opinion from our chief football writer. The division one rugby side bought the lease for the stadium amid a dispute between Sisu and the council - which is why the hedge fund itself is unlikely to make a bid to purchase the facility. January 16th 2023, 15:02. Speaking to The Times, an anonymous source highlighted the ambitions for the Championship team moving forward which would require 'serious investment' if the club is to achieve promotion back to the Premier League - possibly from a third party. The mandate is to re-set, re-charge, re-build and recruit. He is chief executive of Stratford-upon-Avon-based oilseed processing facility Yelo Enterprises, who have invested more than 70m in the region. Breaking news from each site is brought to you automatically and continuously 24/7, within around 10 minutes of publication. Credit: Alamy. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. We have made it quick and simple for you to access your desired Sky Blues related content. Click to get a sign-in link sent to your email. King becomes majority shareholder and owns 85% of club, Sky Blues are now debt-free after years of financial issues. Manchester City aren't expected to have a busy January transfer window with incomings as ten days into the busy winter period the Premier League Champions haven't moved for any senior players. The report goes on to state that Sisu will consider the sale of Coventry City as they believe the financial distress of Wasps presents an 'opportunity' for another party to make a bid for the club, whilst also looking to purchase the lease for the stadium. EXCLUSIVE: Coventry City chairman Tim Fisher dismisses takeover rumours and insists Mark. Jojar Dhinsa - who was born in the city - has revealed his intention to mount a bid for the club. "Having worked through difficult periods for Coventry City, he now leaves with the club in a far better place than he found it.". Mr Hoffman fronted another failed takeover attempt in 2011. By clicking 'Sign in and Subscribe' you agree to us subscribing you to our newsletter in accordance with our Privacy Policy and Legal Notice.Emails, which may be sent daily or less frequently, may include marketing elements. Its something I am potentially looking at at this moment in time because its in play, said the 54-year-old entrepreneur. On a personal note, I was very sad to see Russell go. (Image: Adam Fradgley/West Bromwich Albion FC via Getty Images). After getting the go-ahead from the English Football League (EFL), King has . Explainer: Jim Ratcliffe: who is the INEOS founder bidding for Manchester United? Were looking forward to working with him.. Sadly, the teams performance had suffered under Russells period of management. 2. So its a hard yard situation because you can take advantage of re-configuring the stadium because of the decline of Wasps [RFC] and all thats going on there, or you can take advantage of the fact that the council might want it back to redevelop to move it across and build another stadium. Chelsea's Denis Zakaria ruled . We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. Matchday Memories: On This Day 1931 Capital CCFC Away Day! Chelsea could make a move for Inter Milan centre-back Milan Skriniar this month, in a shock transfer bid for a centre-back which may potentially jeopardise Kalidou Koulibaly 's position in . In 1982, he opened his first sport and ski shop in Maidenhead followed by others in and around London, starting with a 10,000 loan from his family (equivalent to 37,545 in 2021).. We will not share your email address with any third parties. Coventry sit 14th in the Championship having been promoted in 2020 after the season ended prematurely because of the pandemic. Mr Robins added in his interview with us on Monday: Im coming in to try and put things right. Transfer News. Everton: Frank Lampard 'seriously pushing' for Ben . It appears from the statement any such bid would have been flatly rejected as lacking any credibility. New Sports Direct HQ twist amid Mike Ashley claims of Coventry City, Wasps and CBS Arena deal, Billionaire 'considering a bid' to buy Coventry City and CBS Arena, Sisu will consider the sale of Coventry City, Crystal Palace owner Simon Jordan revealed, Wasps issue full statement as Exeter Chiefs game called off and administrations looms, EFL request could land major windfall for Coventry City, Mike Ashley was reported to have held talks, Doug King doubts and transfer window latest - your Coventry City questions answered, Coventry City news from CoventryLive as Sky Blues reporter Andy Turner answers some of the burning questions on fans' lips following the Doug King takeover and amid the transfer window, Paterson, Cantwell, Ronan, Burns - Coventry City January transfer links rated and slated, Coventry City transfer news from CoventryLive as Sky Blues reporter Andy Turner sorts the wheat from the chaff of the players linked with the club so far, Coventry City boss Mark Robins on how Doug King is set to 'change the dynamic' at Ryton, Coventry City news from CoventryLive asnew Sky Blues owner Doug King gets his feet under the table at Ryton, Key questions answered on Coventry City under Doug King and January transfer window, Sky Blues reporter Andy Turner has been taking questions on all things Coventry City at an exciting time for the club, Coventry City transfer state of play as three wanted and more departures expected, Coventry City transfer news from CoventryLive as we look at who is on their way out and how many are likely to come in during the January window, Coventry City coach outlines what unquestionable talent has to do after loan cut short, Coventry City news from CoventryLive as returning loan striker reminds parent club what he can do with outstanding goal in the Under-21s, Strictly couple Stacey Dooley and Kevin Clifton celebrate new daughter with adorable name, Joyous Stacey took to instagram and said 'Our Daughter is here. Read more on coventrytelegraph.net. 9 minutes ago #1 J. James Reeves COVENTRY City have today responded to latest rumours of a takeover by clarifying no 'credible offers' have been received, we can reveal. (Image: Getty) Hello and welcome to LIVE coverage of Birmingham City and the latest takeover news at St Andrew's . Doug King now owns 85 per cent of the Sky Blues, having . EPL, LaLiga, 2022 World Cup Qatar News . Read more! Manchester United are reportedly in advanced negotiations to sign Fulham star Kevin Mbabu. Thread starter James Reeves; Start date 9 minutes ago; Status Not open for further replies. Lee Hughes notably joined Coventry City from West Bromwich Albion back in 2001, and the English centre-forward scored 15 times in one season before making his return to West Brom in 2002 for an increased fee of 8.10m, putting him on par with Bellamys sale the previous year. It might be argued weve relied too much on the flow of talent from our academy., Asked if Robins had also sought assurances on the future of the academy and where Coventry City will be playing their home matches when the current three-year tenancy to play at the Wasps-owned Ricoh Arena expires after next season, he said: Were working through these issues in private at this stage.. Coventry are once again playing home matches in the city, after years of stadium disputes forcing them to play in Northampton and Birmingham. Coventry were purchased by Sisu in in 2007 with the Wasps relocating to Coventry from West London seven years later. A dominant Stefanos Tsitsipas proved a step too far for home hope Rinky Hijikata as the Greek third seed eased into the Australian Open third round with a 6-3 6-0 6-2 win on Wednesday. Robins is optimistic regarding his relationship with the new owner, believing that he is someone that he can work well with together. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Prince Harry has denied rumours that he once had a flirtation with Cameron Diaz, saying he was "never within 50 metres" of her. Interview: Harrison Nee talks Sheffield Wednesday, first team training and loan spell, Coventry City coach outlines what unquestionable talent has to do after loan cut short, Matchday Memories: On This Day 1993 See Sumo Save Sky Blues At League Leaders Norwich. King, CEO of . In his first press conference on Tuesday at Ryton, he said structures and relationships needed to improve for the club to move forward, which would require the right tools. There has been heightened speculation on fans internet forums and social media this week that Mr Fisher is seeking to put a consortium together himself to bid to buy the club from its parent company, Sisu. News; Squad Coventry City This page displays a detailed overview of the club's current squad. Coventry fans react to SISU statement after takeover bid rejected . The latest rumours and stories from around the world of football. . Within its portfolio of brands is the National Exhibition Centre, located just 15 minutes down the M6 from the CBS Arena. Copyright 1997 - 2023 NewsNow Publishing Limited. * Mark Robins makes admission after Coventry City battle back at Sunderland, * City boss Mark Robins provides update on Callum O'Hare injury scare, * Coventry City injury news ahead of big season opener at Sunderland, * City boss provides transfer update on plans to add one more signing to his squad, * Special talent - Lowdown on Coventry Citys new loan star from Crystal Palace. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. to get daily news updates straight to your news feed. Hes going to be around, going to be on site and that will change the dynamic of things, said Robins, via Coventry Live. Mike Ashley left school at 16, becoming a county-level squash player, then, after an injury, becoming a county-level squash coach. But Mr Fisher made clear he was not about to walk away. Please try different keywords. Information & facts. The talkSPORT pundit explained: Its a very difficult nut to crack because you have a stadium that may need to be moved or a stadium that may need to be redeveloped. The Coventry Observer understands Robins was also informed of the budget for players for either League One or League Two, before he took the job. Up until 2000, Robbie Keane was the Sky Blues record signing as he arrived from Wolves for a massive 8.10m fee. Speculation has been rife, including on internet forums, again this week that Mr Hoffman had in recent days lodged a bid to Sisus Joy Seppala. By clicking 'Create Account and Subscribe' you agree to us creating an account for you and subscribing you to our newsletter in accordance with our Privacy Policy and Legal Notice.Emails, which may be sent daily or less frequently, may include marketing elements. The window shuts on the same day across Europe but at varying times - the . Birmingham City Football Club, an English professional football club based in the city of Birmingham, was founded in 1875.When league football began, the first team - then playing under the name Small Heath - competed in the Football Alliance before being elected to the newly formed Second Division of the Football League in 1892. Apply to join the FLW Academy! You can unsubscribe whenever you want. 4. The 47-year-old former Manchester United striker Robins told us in Mondays exclusive interview he was hoping for a long association with the club this time round. He was even among a crowd of just over 200 on a cold night to watch the Under-21s play a Birmingham Senior cup tie at Coleshill and spoke to more supporters there. coventrytelegraph.net - Andy Turner 2d. "Roman Abramovich put £150 million to £200 million into Chelsea and there's no reason why we can't match that or even beat it. 3. In a major security breach, Youtuber Daniel Jarvis managed to get into Wolverhampton Wanderers' Molineux stadium and tape the mobile to some furniture. Coventry City are one of the highest spending League One clubs of all time; however, the majority of their big-spending came during the Sky Blues nine year spell in the Premier League between the inaugural 1992 season and 2001 when they were relegated back down to Division One. What does he offer? Councillors at Coventry City Council the previous month had agreed in private a 14million bailout of the Ricoh Arena company and had issued a statutory demand for rent repayment. All of it makes it a more convoluted and complicated process and, to be honest with you, its too much like hard yards.. Give us feedback on your Football League World experience, Copyright 2022 Snack Media | Images provided by Action Images / Reuters, Hes going to be around, going to be on site and that will change the dynamic of things, said Robins, via, Mark Robins explains Coventry City changes under new ownership. It shows all personal information about the players, including age, nationality, contract duration and market value. TR. But, when the Arena formally went into administration, it was ruled that Mike Ashley's reported 17m deal, including a 1.2m exclusivity payment up front to help keep the ground open for the Sky Blues to play home games in, from energy drink company boss William Storey, but he officially, While King is the now majority shareholder, having taken over from the previous owners, SISU will still have a small stake. 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