It had been expected that Mike Ashley would be the new owner of their stadium, but the sale of Coventry City has blind-sided almost everyone. twoht
That snippet of dialogue, from Ernest Hemingway’s 1926 novel The Sun Also Rises, has become popularised in recent years as an allegory for the way in which events seldom follow a smooth linear path. It was difficult not call it to mind when the news that Coventry City have been sold suddenly hit the headlines.
The timing of the announcement was certainly curious, coming the night before what was considered a significant milestone in the future of the troubled stadium. Mike Ashley, formerly of Newcastle United and briefly linked with purchasing Derby County while they were in administration, had been confirmed as the preferred bidder for the stadium, but his period of exclusivity was due to expire on Thursday morning with a further court hearing.
There is considerable suspicion on the part of Coventry supporters that his involvement could be a backdoor route for Sisu, the hedge fund that has owned the club for the last 15 years, to get ownership of the stadium themselves, but as usual there’s only speculation, which is producing considerably more heat than it is light.
But it’s right that Coventry supporters should be asking ‘what’s the catch?’, because there has been so much subterfuge and mixed messaging in the club’s recent past. Mike Ashley’s interest in the Arena doesn’t seem to have extended to the club itself – and Newcastle supporters might well be saying ‘be careful what you wish for’ when it comes to his ownership of a football club – and keeping the club and the stadium separate would certainly be sub-optimal for the club’s long-term growth.
France Dernières Nouvelles, France Actualités
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