Confusion surrounds Coventry

No statement on Ranson; spokesman confirms transfer embargo

Last updated: 25th March 2011   Subscribe to RSS Feed

Confusion surrounds Coventry

Ricoh Arena: Fans fear administration

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Confusion continues to surround Coventry at a time when the Championship club have still to confirm Ray Ranson's resignation as chairman.

Reports emerged on Thursday suggesting that the 50-year-old was set to step down from his role at the Ricoh Arena, but there has still to be an official statement

Instead it has emerged that financially-troubled Coventry are under a Football League transfer embargo due to an increasingly worrying monetary predicament.

The revelation has only added to fans' frustrations at owners SISU and a protest is expected at next Saturday's home match against Watford.

A club spokesman said: "There is a transfer embargo in place at the moment, but Coventry City is not alone in that situation in football.

"SISU have been committed to the funding of the club for nearly three-and-a-half years and there is no suggestion that this will not continue in the future."

SISU are believed to remain committed to Coventry, but there are concerns among the club's followers of the threat of administration.

Life at the Midlands club has not been made any easier by the recent sacking of manager Aidy Boothroyd and a slide from fifth down to 20th in the Championship on the back of one win in 18 matches, leaving them in danger of relegation.

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