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American Haskell Makes Move To Buy Coventry City, Take Half-Share Of Ricoh Arena05 / 17 / 13American multi-millionaire Preston Haskell IV has "made his move to buy" League One Coventry City Football Club and half the Ricoh Arena, according to Andy Turner of the COVENTRY TELEGRAPH. The bids were turned in on Haskell's behalf by suspended Sky Blues President Joe Elliott and former Vice Chair... Tags: Franchises, United Kingdom |
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Dunfermline Pins Hopes On Fan Funding
Scottish First Division Dunfermline AFC "claim to be on the verge of a fan-based takeover," according to Alan Temple of SCOTLAND ON SUNDAY. Dunfermline is close to securing the “substantial investment” which would rescue them from the precipice of liquidation. Owner Gavin Masterton, who ...
Tags: Franchises, United Kingdom
Hearts Name Locke Permanent Manager
Scottish Premier League side Heart of Midlothian has handed interim Manager Gary Locke "a massive League Cup Final boost by giving him the manager’s job on a permanent basis," according to Gordon Waddell of the Scotland DAILY RECORD. The 39-year-old "has been in interim charge for the past thr ...
Tags: Franchises, United Kingdom
Coventry Face Threat Of Administration
Arena Coventry, which owns Ricoh Arena, has applied to the high court to "request it makes an administration order against Coventry City," relating to £1.3M ($2M) in unpaid rent on the stadium, according to James Riach of the London GUARDIAN. The company had been in talks with the club owners, ...
Tags: United Kingdom, Franchises
Durham Council Backs $4M Cricket Grant
A county council "has defended agreeing to invest" £2.8M ($4.2M) in Durham County Cricket Club during budget cuts, according to the BBC. The club said the grant "will secure the future" of int'l fixtures at Chester-le-Street. Durham County Council has agreed to the deal "in principal with the ...
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Dunfermline Aiming To Avoid Newco
Scottish First Division Dunfermline legend Jim Leishman "insists the club is not interested in following Rangers and starting as a newco," according to Darren Johnstone of the SCOTSMAN. The club, amid "severe cashflow problems that have led to crippling wages issues for players and staff dating back ...
Tags: United Kingdom, Franchises
West Brom Announce Pre-Tax Profit
EPL club West Bromwich Albion has announced a reduced pre-tax profit of £1.5M ($2.2M) for the financial year ending on June 30, according to the PA. However, "the profit comes along with a surplus" of £9.1M ($13.6M) for the previous months, meaning the club's net debt has been reduced fr ...
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Veteran Doctor To Sue NRL Sharks
Veteran National Rugby League Cronulla doctor Dave Givney has "become the first official to hit back at the Sharks over his sacking" after confirming he was taking legal action against the club, according to Honeysett & Read of THE AUSTRALIAN. Givney was "the first to sound the alarm over the me ...
Tags: Franchises, Australia
Rangers Expect An Increase In Revenue
Scottish Third Division club Rangers plan to increase the club's revenue to £100M ($150M) a year "once it returns to top-level competition," according to Greig Cameron of the HERALD SCOTLAND. Finance Dir Brian Stockbridge made the prediction as he "believes an enhanced retail operation combine ...
Tags: United Kingdom, Franchises
Dunfermline Chair Confident In Club
Scottish First Division club Dunfermline Chair John Yorkston insisted his "crisis-hit club can still survive" after U.K. tax authority HMRC has commenced winding-up proceedings, according to Alan Marshall of the Scotland DAILY RECORD. Despite talks aimed at agreeing a repayment plan over an estimate ...
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Coventry City Faces Administration
League One club Coventry City faces "a serious risk of entering administration next week as the saga involving rent and matchday revenue at the Ricoh Arena threatens to reach breaking point," according to James Riach of the London GUARDIAN. The club's owners, Sisu, and stadium owner Arena Coventry L ...
Tags: Franchises, United Kingdom
