Coventry play down fears

        

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.Fisher was coy over how much money, if any, will be paid by Boxing Day and said negotiations will continue to have to play a part over the next three weeks. But the City chief is adamant Coventry, FA Cup winners in 1987, will not go to the wall and says they will play elsewhere before that happens.But speaking to Press Association Sport on Thursday afternoon, Fisher said: "My message to supporters is there is no liquidation scenario.This is about the club setting up a sustainable business model. We will fulfil our fixtures and, by the way, we have contingencies because we are managing our risks, you have to plan. So if the Ricoh shut the doors, we will play elsewhere. If forced into a corner that's exactly what we'll do.Coventry responded on Wednesday with an official statement claiming their annual rate of £1.28m is the highest in both League One and the Championship by some considerable distance, while also bemoaning the fact they do not get access to 100 per cent of matchday revenue.