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Otium Entertainment Group Limited

This tag is associated with 26 posts

Mark Labovitch Sky Sports News interview transcript.

This evening, non-executive director of Coventry City Football Club, Mark Labovitch was interviewed by Sky Sports News over the club’s decision to release proposed plans for their new stadium today. Answering questions live in the studio, Labovitch talked about the club’s attempts to purchase their home from 2005 to May this year; The Ricoh Arena, … Continue reading

Northampton Town Football Club statement regarding ACL legal action withdrawal.

Northampton Town Football Club have this afternoon released a statement regarding ACL’s withdrawal of legal against the club for hosting Coventry City home matches. ACL, jointly owned by Coventry City Council and The Higgs Trust, yesterday released a statement of their own which revealed that they would not be proceeding with legal action against the … Continue reading

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

SISU appeals High Court’s rejection of judicial review

Coventry City Football Club owner’s Sisu Capital Limited have appealed against the decision by a High Court Judge to reject a judicial review of the council’s £14m taxpayer bailout of The Ricoh Arena. The news comes just hours before a number of City fans are to once again protest in London outside the Football League’s … 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

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

The Dons Trust “worried about the future” of Coventry City.

AFC Wimbledon owner’s, The Dons Trust are the latest Trust to speak out against Coventry City’s ground-share with Northampton Town. “The Dons Trust is a not-for-profit organisation that owns AFC Wimbledon and is guardian of all principles and aims by which it operates. It is committed to strengthening the voice of supporters in the decision … Continue reading

Northampton Town release statement over possible ACL legal action.

Northampton Town Football Club have confirmed Arena Coventry Limited (ACL) have threatened legal action against the club. Coventry City will play their home games at Sixfields for the next three seasons at least, after the Football League confirmed the arrangement last week, whilst the club’s owners SISU build a new stadium in the Coventry area. … Continue reading