Coventry Telegraph
United States property tycoon Preston Haskell IV has emerged as the man waiting in the wings to swoop for Coventry City should the club be placed in administration on Friday.
The Coventry Telegraph can confirm that the American, who has a fortune estimated at $250million (£157m), is being lined up by Ricoh Arena owners ACL to take over the football club.
The Texan multi-millionaire looked to buy Leeds United late last year.
ACL – jointly owned by Coventry City Council and the Alan Higgs charity – has made the application to the High Court for administration over £1.3m in arrears, racked up after the club stopped paying rent, arguing they were being vastly overcharged. A judge is due to look at the case on Friday.
Read more…
American Tycoon eyes Coventry City Sky Blues
