Coventry City enter liquidation

Coventry City Ltd, one of several parties which make up Coventry City FC, have gone into liquidation, Sky Sports has reported, meaning the Sky Blues face beginning the new League One season with a deduction of at least 15 points.

The Sky Blues are set to begin the campaign away to Crawley Town on Saturday, and ahead of that, urgent meetings have been arranged between the club and the Football League to help ease the situation.

The football club entered administration last season, which resulted in a 10 point reduction, and have been involved with a dispute with their major creditor, Arena Coventry Limited, over the renting of the Ricoh Arena. While ACL have offered to reduce the rent price for the stadium, the club now looks set to play their home matches at Sixfields, in a groundshare with Northampton Town, next season.

A meeting on Friday morning led to Coventry City Ltd entering liquidation, as ACL refused to accept a Company Voluntary Agreement, providing another setback to the football club, who have been on a downhill slide since they suffered relegation from the Premier League in 2001.

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