Football

Ranson ready to invest in Sky Blues

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Football News
24/7
Ray Ranson has revealed that investment in Coventry is already under way as his proposed takeover of at the Ricoh Arena nears completion.

Sky Blue Sport and Leisure (SBSL), the company led by Ranson and backed by London-based consortium Sisu Capital, saved Coventry from administration when they stepped in with an 11th-hour offer to buy the Championship club on December 14 - subject to the acceptance of 90% of all shareholders.

SBSL announced on Monday that they are satisfied the takeover will soon be completed and extended the deadline for shareholders to accept their offer until April 11 to ensure the 90% threshold is reached.

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Topics:
Football
Championship
Coventry City

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