The Football League has said it is "dismayed" over the continuing disagreement between the the owners of the Ricoh Arena and Coventry City's administrators that has left the club on the brink of liquidation.
Football League Chairman, Greg Clarke said: "Once again, it is a source of immense frustration to everyone involved that the two parties in this dispute have failed to reach any agreement. The Board is dismayed at the level of intransigence being shown."
The association insisted that it would continue its efforts to get the parties to enter "meaningful negotiations" so that Coventry City can return to Coventry "at the earliest opportunity".
Coventry City administrators said proposals by Ricoh Arena owners ACL that could lead to the club's liquidation "did not comply with the law":
I have noted ACL's statement released today with some interest.
Put simply, we do not understand the comments being made by ACL with regard to the ability to put forward new proposals.
As I said in my earlier statement, the proposals ACL required simply did not comply with the law. They were offered the chance to submit modifications, which DID comply with the law, yet for reasons best known to themselves, they chose not to do so.
The Company will now proceed according to our proposals made as Administrator that were accepted by the majority of creditors including ACL.
– PAUL APPLETON, JOINT ADMINISTRATOR FOR COVENTRY CITY FC LIMTED
Coventry City have confirmed that Coventry City Football Club Ltd is likely to be liquidated:
It is with great regret that a proposed Company Voluntary Agreement (CVA) has been rejected by Arena Coventry Limited (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.