Coventry City: More Ownership Complications At The Complicated Club
Just when all seemed to be going well on the pitch for Coventry City, problems with the ownership of the club, and now an eviction order to vacate the CBS Arena, threaten to derail what was turning into a positive season for the Sky Blues.
Things going well on the pitch
Coventry were flying up the Championship table ahead of the break for the 2022 Qatar World Cup. Their disappointing start to the season had been forgotten, and after a four-match winning run, their odds to make it to the promised land of the Premier League had shrunk.
𝗙𝗢𝗨𝗥. 𝗢𝗡. 𝗧𝗛𝗘. 𝗕𝗢𝗨𝗡𝗖𝗘. 🙌#PUSB pic.twitter.com/C6uuApQPmu
— Coventry City (@Coventry_City) November 12, 2022
At the moment those odds stand at 9/1. Only five Championship teams – Burnley, Sheffield United, Norwich, Watford and Blackburn – are currently at shorter odds.
A few weeks into the 2022/23 Championship season, there wouldn’t have been many betting tipsters making that prediction. At least a good tipster can help in predicting what might happen on the field. With the Championship now restarting, research by an established team of expert betting tipsters could be helpful when predicting the results of Coventry’s upcoming matches. They may provide the insight required to make a prediction on the sporting action, even if no one can see into the club’s cloudy future off the pitch.
Threat of eviction hangs over Sky Blues
The reason for the possibility of a points deduction comes from the threat by the new owners of the CBS Arena, Mike Ashley’s Fraser Group, to kick the club out if they don’t agree to the group’s new terms and conditions.
Mike Ashley’s group have told Coventry City they’re not welcome at their stadium anymore ⛔️ pic.twitter.com/VDUJJjbycB
— Match of the Day (@BBCMOTD) December 5, 2022
This all comes on the back of a recent takeover bid by local businessman Doug King, who has an agreement to buy 85% of the club from current owners SISU.
Enter William Storey
And to throw a further huge spanner in the works of the Sky Blues’ latest ownership saga, Doug King’s proposed takeover is now being legally challenged in court by William Storey, of Rich Energy fame, who claims he had an exclusivity agreement with SISU and that they breached it when they did the deal with Doug King.
Takeovers are never easy, and it seems to get even more difficult when it comes to Coventry City. The current situation is up in the air, and with factions seemingly wading in from all sides, it – unfortunately for Coventry City fans – looks like it’s only going to get worse before it possibly gets better.
What makes the current situation all the worse for the fans is that after years of misery, this season was just starting to look promising on the pitch. Prior to the World Cup break, the Sky Blues were the form team in the Championship, the tipsters’ predictions were positive and the fans were starting to dream of the promised land of the Premier League. Now with all that’s going on, that hope seems to be becoming a distant dream again.
