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"As with any organisation it is a matter of living within your means. It is not about being parsimonious, that is not the same as being prudent.
Entrepreneurs around the city have followed his example. A new six strong board has been established that includes Andrew Carpenter and Chris Gregory, who were involved in the advisory board originally set up by Green, and other interested parties Nick Newbold, Jim Ashby, John Maguire and Barry Robinson.
"That brings into debate what is morally right about sport," Rossborough said. "It's very difficult and is a huge moral discussion. I know the answer to the problem and if we had two days to sit down and talk about it I'd take you through it."
And then there's the moral argument. Should Coventry be allowed to forego their responsibilities to the Inland Revenue and dodge relegation in the same season? This is the second time in two years one of the sport's most famous names has defaulted on its obligations to HMRC.
"It is very difficult to find audit trails that make any sense or go back into the past," Rossborough says. "There are some fairly substantial sums of money that have come into the club and not been used to the best advantage.
Set in the context of Rossborough's era, when Coventry boasted internationals by the bushel and won the John Player Cup in consecutive years, it is all so hard to fathom. Set in the context of Green's disastrous ownership, it is a natural conclusion to years of mismanagement.
Peter Rossborough on a rescue mission at Coventry RFC
"There is no single owner of the club that is something we are determined to erase," he said.
Steve Williams and Mike Umaga had the Blue and Whites playing some lovely stuff in the first half of 2005, there was a National Trophy quarter final in 2006 and a barely memorable fourth placed finish in 2002.
Negotiations with the Rugby Football Union continued yesterday, Coventry will have to lodge a sizeable bond as security against future mishap, and there is the small matter Nike Jordan Red Black Shoes of the relegation play offs.
But otherwise it's been a debilitating cocktail of inconsistency on the pitch and unrest off it. Few would wish Rossborough's lot on their worst enemy.
He scored an early success by changing the legal status to administration, rather than complete Jordans Women Eclipse
For his sins Rossborough is their figurehead. The task in hand now is convincing enough others to buy into the new dream.
to that process will be the recovery of the lease to play at the Butts Park Arena. Rumours persist about a potential merger between the city's rugby and football clubs but Rossborough sees the 'foreseeable' future at the Butts.
And make no mistake, in the last decade and a half good times have been few and far between.
The Poole based benefactor has sought to stay out of the limelight and while Rossborough says he has met the white knight on a handful of occasions, he also says he has seen enough to know Mr Bowles has stepped forward for the right reasons.
"Prudence is not my middle name but we are going to be sensible and act with integrity."
last year, Rossborough stepped up his involvement to front a rescue bid.
To that end philanthropist and businessman John Bowles has put in 150,000.
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That could mean the payment of 500,000 to the Yorkshire Bank who were owed money when the club's property company went into administration.
So when Andrew Green tried to liquidate the club at the end of Nike Jordans 2017
Yet the 61 year old could not stand by and watch the club that launched him to the top of the rugby tree dissolve in an acidic solution of debt and recrimination.
"We are resolved to be as transparent and honest as possible as possible and make sure all the work we do is for the best of the club."
And exactly a week ago, with a new investor on board, Rossborough led Coventry out of administration and as a result they are off life support but not yet out of intensive care.
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