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Last Updated: Wednesday, 31 October 2007, 06:33 GMT
Struggling Coventry ponder offers
The Ricoh Arena
Coventry moved into the Ricoh Arena in August 2005
The Coventry board is considering two offers to help the cash-strapped club out of its financial crisis.

The Sky Blues are about 30m in debt and chairman Geoffrey Robinson and managing director Paul Fletcher resigned earlier this month.

But City's board met on Tuesday to discuss the proposals and a further announcement is expected soon.

US-based Manhattan Sports Capital Partners Limited recently withdrew their interest in taking over the club.

606: DEBATE

New City chairman Joe Elliott told the BBC on Sunday the club could go into administration in the new year unless a buyer or major new investment is found.

And the Football League has imposed a transfer embargo on the club after an instalment payment to Southampton for the transfer of Leon Best was missed.



SEE ALSO
Coventry need buyer by Christmas
28 Oct 07 |  Coventry City
Coventry under transfer embargo
23 Oct 07 |  Coventry City
Coventry chairman Robinson quits
10 Oct 07 |  Coventry City
US group ends Coventry interest
08 Oct 07 |  Coventry City
Sky Blues chief Fletcher resigns
05 Oct 07 |  Coventry City
Coventry edge closer to takeover
18 Sep 07 |  Coventry City


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