Coventry City Face 15-Point Penalty As Club Faces Liquidation

 

Coventry City are facing a 15-point deduction after creditors rejected a deal over debts and left part of the club on the brink of liquidation.

They are still set to start the League One season at Crawley on Saturday.
Coventry City FC Ltd, went into administration in March following a rent-row with Arena Coventry Limited.
It now faces liquidation after ACL, which runs the Ricoh Arena, rejected a Company Voluntary Agreement at a creditors' meeting on Friday.
A club statement read: "It is with great regret that a proposed CVA has been rejected by ACL.
"It means CCFC Ltd is likely to be put into liquidation which is expected to result in a points penalty for the club going into the new season.
"The football club and the Alan Higgs Centre Trust accepted the administrator's CVA, but the City Council, through ACL, have chosen to reject it, leading to possible liquidation and the risk of a 15-point deduction.
"The club will hold urgent meetings with the Football League this afternoon to go through the next steps for the football club."