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[30 JUL 98] RUGBY NEWS
Rugby Club Could Be Saved
- But Not By The Sky Blues

Coventry Rugby Club logoCoventry Rugby Club could be bought by a group of local businessmen just days after calling in the receiver.

The club, which collapsed with debts of around 2.3 million, is facing a struggle to make its opening fixture of the Allied Dunbar Premiership II season at Worcester in five weeks.

Accountant John Kelly took overall control of the club on Tuesday, and that move has sparked considerable interest in the Coundon Road outfit.

Club spokesman John Lamb said:

"I am glad to say that the situation seems to be being resolved quickly. We have several consortia interested in backing the club and that will bring a sense of relief to everyone.

"We are very encouraged by the response the receivers have had and it is the sort of response the committee expected when we decided to put the club in the hands of the receiver."

But Coventry City, who had their rescue package for the rugby club turned down 18 months ago, will not be among the saviours.

Chairman Bryan Richardson said:

"I am very, very disappointed with what’s happened to the rugby club but I have to say that it doesn’t entirely surprise me.

"I still think if the club had done what we suggested all that time ago things would have been different. That idea is pretty much dead in the water now."

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RELATED STORIES

[28 JUL 98] Coventry Rugby Club Calls In The Receivers

[23 JUL 98] Gerry Sugrue Resigns From Troubled Coventry

[15 JUL 98] Three More Leave Coventry Rugby Club

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CWN / Sport / Rugby / News / 30 Jul 98

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