JUN 01] THE STUART LINNELL
Sky Blues Takeover "Depends On Financial Advice"
Plans by nightclub owner George
Hendry to take control of Coventry City Football Club now rest
on meetings between Mr Hendry and his financial advisors.
As I revealed on CWN on 1 June,
Mr Hendry is keen to add the club to his other business
interests, which include the Limelight club in London and
Pimlico’s No1 at Alveston near Stratford-upon-Avon.
City Chairman Bryan Richardson
said at the time that, although Mr Hendry had made “an
expression of interest”, there had been no serious
discussions. He added that the Sky Blues’ board would always
consider any serious offer to invest in the club.
Rumours circulating in Coventry
in the last 24 hours suggested that a meeting had taken place to
discuss the sale of shares to Mr Hendry, but this was denied by
a spokesman for Mr Hendry.
WILL THERE BE A NEW
MAN AT THE HELM SOON?
The spokesman said that Mr Hendry
will meet with his financial advisors next week to consider the
next step, but he stressed that any further progress towards a
bid for the club “depends on the financial advice” Mr Hendry
Privately, close friends of Mr
Hendry, who has Parkinson’s Disease, have expressed concerns
about his health and whether he would be fit enough to run the
club in the way he would wish.
At Highfield Road, Bryan
Richardson and his management team are continuing to prepare for
the club’s first season out of the top flight for 34 years.
The First Division fixtures kick off on 11 August, and City are
bound to start with a new-look strike force.
Australian International John
Aloisi should complete his transfer to Ossasuna in Spain this
weekend, Welsh star Craig Bellamy has moved to Newcastle United
and his international team-mate John Hartson looks set to sign
for Leicester City.
City, meanwhile, have agreed
terms with Aston Villa for the swap deal involving Moustapha
Hadji and Julian Joachim. Hadji is away with the Morrocan
national squad but is expected to be at Villa Park to complete
the formalities early next week.