//
you're reading...
General news

Coventry City Limited to be ‘out of administration in three weeks.’

CCFC BallAccording to the Coventry Telegraph’s Les Reid (@lesreidpolitics) Coventry City Football Club Limited will be out of administration in three weeks.

Yesterday, joint-administrator Paul Appleton announced that Otium Entertainment Group Limited were the preferential bidder for the company currently in administration, a move still to be ratified by The Football League.

On Saturday afternoon, Reid tweeted: “ACL & #CCFC sources expect earliest for Ltd sale & end of admin is 3 weeks. Big issue – will ACL sign CVA or delay?”

Advertisements

About RNTomlinson

Part-time blogger. Full-time entertainer. Can be found on RNTomlinson.com & ccfctv.co.uk.

Discussion

One thought on “Coventry City Limited to be ‘out of administration in three weeks.’

  1. It always gets complicated when a club goes into administration, arguments , contracts and legal disputes. Messy stuff.Coventry is just but one of the many clubs that have suffered the fate of administrators knocking on their door.Leeds , Stockport, Portsmouth and loads of others have been involved in messy insolvency issues!

    Posted by Tom | July 17, 2013, 11:38 am

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: