Sheffsteel
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- Jul 18, 2015
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I don't quite understand the finances, but I do know that Cov don't own the Stadium and having little assets makes the situation dire.
Yes I agree.
Normally the owners would admit defeat and either have a plan to progress by investing
Or admit they can't cope and sell up.
Or refuse to pay some debts and go into admin
But they've sold off assets to cover the costs
And as gates have gone down revenue has suffered
So it's been a downward spiral almost a slow death
But regards poor management and downward spiral on the field we aren't that far behind
And we've still retained our excellent 19,000 loyal support.
Maybe Coventry is more of a Rugby area and doesn't have the hardcore diehard support of Sheffield