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

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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?”

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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
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