This would be the Council which deliberately contributed to the demise of the airport by being deliberately obstructive in all planning applications eh?
There is not the remotest chance of them stepping in with any cash to revitalise as an airport when they could develop it as a business park with guaranteed Government help, guaranteed tax breaks for the new customers and a significant employment boost for the area.
Unless a miracle occurs or an idiot with money to burn turns up, Coventry is done and dusted as an airport.