Sky Blues swoop for Magpies ace
By Peter O`Rourke
Last Updated: 01/01/70 1:00am
The Scottish international has moved to Highfield Road on a season-long loan and he becomes new Sky Blues boss Gary McAllister's second signing of the summer.
The highly-rated 20-year-old recently signed a long-term deal at St James' Park, but The Magpies are willing to let him go out on loan for regular first team football.
Caldwell spent all of last season on loan at Hibernian and his performances at Easter Road attracted the interest of a number of clubs.
McAllister had indicated to the Highfield Road board that he would like to sign Caldwell and Sky Blues chairman Mike McGinnity used his good relationship with his Newcastle counterpart Freddy Shepherd to set up the deal.
"I have a tremendous relationship with Freddy whom we sold Craig Bellamy to last year and has been outstanding for them," said McGinnity
"Taking Gary on loan suits both Coventry and Newcastle.
"Gary McAllister identified the lad as someone he would like to bring in and I said I would do all I could to make it happen, and we are delighted that he will be joining us. He is a Scottish international who has a very bright future ahead of him."
Caldwell is seen as a replacement for Republic of Ireland defender Gary Breen, who turned down a new contract at the end of last season.