Fisher plays down liquidation fears

Fisher plays down liquidation fears

PA Sport
Published 06/12/2012 17:23 by PA Sport, read by 393 people.

Coventry managing director Tim Fisher has issued a stark promise that the club will not go into liquidation.

Arena Coventry Limited, who manage the Ricoh Arena on behalf of joint owners the Alan Edward Higgs Charity and Coventry City Council, on Wednesday issued a statutory demand for £1.1million in unpaid rent by the npower League One club stretching back 10 months. They have 21 days to pay the sum or potentially face a winding-up order.

But speaking to Press Association Sport on Thursday afternoon, Fisher said: "My message to supporters is there is no liquidation scenario."

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