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Liquidation

This tag is associated with 8 posts

Coventry City release a statement on CVA rejection.

Coventry City Football Club have this afternoon released the following statement regarding ACL’s rejection of the CVA before the start of the 2013/2014 Season. Tim Fisher, Chief Executive of Coventry City, said: “It still mystifies us why ACL voted against the CVA. “The subsequent “explanations” have not given any clarity on the motivation for ACL … Continue reading

Football League admit “serious errors” in Coventry City administration.

The Football League have today admitted “serious errors” were made in the administration process of Coventry City Football Club. The errors relate to The Football League making mistakes in registering players to the wrong company, as revealed by The Coventry Telegraph. Today, is the first time The Football League have publicly admitted mistakes had been … Continue reading

‘A statement on Coventry City’ – by City fan Rob Summerfield.

Earlier this summer, we highlighted one City fan’s email to The Football League in protest at the club’s proposed plans to groundshare with a fellow Football League club. Today we are highlighting another City fan’s view. Over the past few weeks, statement after statement has been released by numerous sides, ACL, administator Paul Appleton, the football … Continue reading

Coventry City Football Club release statement in response to ACL statement.

Coventry City Football Club have this evening released a statement stating they “have nothing to hide” – and point the blame for liquidation at the feet of ACL. This evening’s statement is a direct reply to the statement released by ACL following their rejection of the CVA presented to them as a creditor of the … Continue reading

Murphy, Baker & Clarke to head through the exit door?

Following ACL’s rejection of the CVA presented by administrator Paul Appleton on Friday, (read ACL’s full statement here) Coventry City have reportedly told their three highest paid players they are free to leave the club. City captain Carl Baker, goalkeeper Joe Murphy and striker Leon Clarke all played 90 minutes in the club’s opening day … Continue reading

Full ACL statement

Following Coventry City’s 3-2 loss at Crawley Town in their first League One game of the 2013/2014 season, Arena Coventry Limited (ACL) have released a statement regarding their decision to reject the CVA yesterday resulting in Coventry City Ltd. entering liquidation, and a subsequent 10-point deduction. FULL ACL STATEMENT: “The Board of Arena Coventry Limited … Continue reading

Otium awarded Football League ‘Golden Share’ – Coventry City deducted 10 points.

In the last ten minutes, the Football League have confirmed they have awarded Otium Entertainment Group Limited the Golden Share for Coventry City to compete in the 2013/2014 Season, and have deducted the club 10 points. The ten point deduction is somewhat of a shock, with the majority expecting at least a 15-point deduction following … Continue reading

Coventry City Limited liquidated – set for 15 point deduction.

The Football League kicks off it’s 125th year celebrations later this evening, with Sheffield United v Notts County opening the 2013/2014 Football League calendar, but today one of it’s oldest clubs has been liquidated. Coventry City have entered liquidation, and look likely to kick off their 2013/2014 season with at least a 15 point deduction … Continue reading