Whilst it was agreed to commence the appeal process with regard to the 10 point deduction by the Football League, following legal advice, the decision has now been made to withdraw the appeal to avoid further delay and costs to all parties.
Coventry City Football Club had submitted an appeal to the Football League to have the ten points deducted at the end of March reinstated.
The club had the points deducted after it went into administration.
With Coventry City the latest to be handed over to the men in suits, here is a guide to what it means when a club enters administration.
A statement from the Joint Administrator for Coventry City FC
The Sky Blue Trust has reacted to reports of an impending takeover of Coventry City.