1. Central

Coventry withdraws point appeal

Coventry City has decided to withdraw its appeal against a 10-point deduction by the Football League after a High Court ruling put the club into administration. This is the latest in an ongoing dispute over £1.3m in rent payments.

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Statement from Ricoh Arena owners

It is highly unfortunate that we have had to take this course of legal action. Had we not taken this action, then the alternative might have been catastrophic for CCFC.

"We are owed a considerable amount of money in rent arrears. While it is imperative that ACL takes action to recover these arrears and to stop the arrears growing, it is important for us to find a solution that can provide for the survival of the Sky Blues. Hopefully this action will ultimately put CCFC on a stable financial footing for the future."

“We are, of course, well aware that under the current Football League regulations, CCFC will face a points deduction and we will do everything we can to ensure that the case is heard by the High Court before the end of the current season.

"While this opens up the possibility of a ten point deduction this season, the Board believes this is better than leaving CCFC facing a much larger deduction at the start of next season.”

– Nicholas Carter, Chairman, Arena Coventry Limited

The decision to take this course of legal action follows the recent collapse of talks between ACL and Sisu in relation to rent arrears and future matchday revenue arrangements.

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