This is the latest statement issued by Coventry City regarding part of its business, Coventry City Football Club Limited, being placed into administration:
"Paul Appleton, Managing Partner of David Rubin & Partners LLP has been appointed as Administrator for Coventry City Football Club Limited, the company that held the lease and licence in relation to the Ricoh Arena.
Paul is highly experienced in this area and has the respect of all parties involved.
One of his first tasks was to meet Coventry City manager, Steven Pressley in order to explain the situation.
Paul informed Steven that he would not be involved in relation to the affairs of Coventry City Football Club (Holdings) Limited, the entity that runs the Football operation.
– Coventry City Football Club (Holdings) Ltd
“I was pleased to meet with Steven and give him reassurances that, as far as what happens on the pitch and in the general running of the Club, it is absolutely business as usual with the Operating Company executives very much in charge.
“Steven, the players and all the staff at the Football Club will continue to be paid as normal by the Operating Company which is not in administration - that is an important message I was keen to put across.”
Michael Orton, from the Sky Blue Supporters' club, says fans want attention focused back on the pitch.
Arena Coventry Limited say the most recent public documents and accounts give a different picture to the latest statement released by the club about Coventry City Ltd being placed into administration.
It says it's action is still live and the owners of the Ricoh Arena await Tuesday's High Court hearing.
James Powell, the lawyer representing Arena Coventry Limited, attended this morning's High Court administration hearing.
He says the Judge agreed to adjourn the case until Tuesday, so more detail could be gained on which of Coventry City's operating companies has key shares which allows the club to stay in the Football League.
Michael Orton is the membership secretary of the Sky Blue Supporters' Trust. He says many fans have approached him with different emotions about the state of the club's financial position.
An administration hearing at the High Court about an order placed on Coventry City Football Club has been opened and adjourned.
Non-operating subsidiary company Coventry City Ltd was placed in administration last night.
The club's parent company Coventry City Holdings, which is the club as the fans understand it, is still in operation.
Coventry City Ltd owes the owners of the Ricoh Arena more than £1.3 million in unpaid rent.
The High Court hearing will be heard again on Tuesday 26 March.
Coventry City Football Club Holdings has confirmed that a non-operating subsidiary of the Club has today been placed into administration.
– A spokesman for the Club
It's important to stress that the Football Club itself is not under threat.
This is merely a property subsidiary which owns no material assets and has no employees, on or off the pitch.
The Club can confirm that all staff wages, PAYE and all other creditor commitments will continue to be met as before by Coventry City Football Club Holdings.
Unlike other instances of clubs being taken either wholly or partially into administration, there are no HMRC or VAT implications.
Our main objective is to remain competitive on the pitch and give Steven Pressley and players our full backing and commitment.
The Football Club says that it will continue to trade as normal without interruption.
Reports are coming in stating that only a part of Coventry City Football Club has been put into administration, and that a High Court hearing will still take place tomorrow.
Some sources are also saying that the club itself is not under threat.
The Sky Blue Trust has announced on Twitter that Coventry City has been put into administration.
At present there is no confirmation from the football club.
We can confirm that sisu via Arvo have put us into receivership