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Investors withdraw interest in Coventry as the club lurches further into the financial mire

According to our friends at the Beeb, the American consortium Manhattan Sports Capital Partners Limited (boy, that’s a lot of unrelated nouns) have pulled their interest in one time Division One institution Coventry City. The club’s Managing Director didn’t take this too well and quit on Friday, saying:

“because of the apparent withdrawal of all five potential buyers”

The gutted Sky Blues have, however, said that other offers are on the table. This is probably a relief as Coventry are (supposedly) £28m in debt and only renting their flat-pack modern ground the Ricoh Arena. As we all know it is difficult enough to get on the property ladder when you’ve got a good wage, let alone when you are millions in the red.

The Sky Blues weren’t half bad when they had Steve Ogrizovitch and Micky Quinn, where did it all go wrong?