Coventry doubt over Hughes money
By Paul Higham
Last Updated: 01/01/70 1:00am
Hughes moved to Highfield Road in a £5 million deal, paying £2 million up front with the rest to be given in instalments.
The next payment of £1.5 million is due in August but Coventry's crippling debts of around £30 million have cast doubt over whether they will be able to come up with the cash on time.
New manager Gary McAllister was unable to afford the £50,000 needed to sign Motherwell's Eric Deloumeaux, meaning that the club may not be able to muster the £1.5 million to pay West Brom.
Coventry chairman Mike McGinnity did not say that the club could afford the next payment, just saying that they would discuss the matter with West Brom in private.
"Our financial situation is being kept in-house," said McGinnity.
"If West Brom have problems thinking we will not be able to pay the next instalment of Lee Hughes' transfer, they should get in touch with us and we will discuss the matter privately."
Coventry have invited Baggies boss Gary Megson to come in with a bid to buy Hughes back, and that could now happen in a bargain deal to ease Coventry's debts.
Megson could try and bring Hughes back to The Hawthorns on the cheap and, if Coventry are unable to pay the rest of the money, they may be forced to let him go.
If they try to hang on to Hughes, and pay his wages, they may miss the rest of the payments, leading to heavy sanctions including a transfer ban.