Next Game

Notts Co v Coventry

Monday, 06 April 2015, 15:00

Sky Bet League 1

Sixfields Stadium

Last Game

Coventry 0 - 1 Leyton Or

Wednesday, 01 April 2015, 19:45

Sky Bet League 1

Transfer embargo at Coventry

Coventry have confirmed that they have been placed under a transfer embargo after missing the deadline to submit accounts to Companies House.

Last Updated: 01/03/13 at 12:24 Post Comment

Ricoh Arena: Transfer embargo at Coventry

Ricoh Arena: Transfer embargo at Coventry

The club are still locked in rent and revenue negotiations with Arena Coventry Limited, owners of the Ricoh Arena.

Coventry's accountants are unable to produce projected budgets until their deadlock with ACL has been resolved, and were unable to meet Thursday's deadline for filing accounts.

Chief executive Tim Fisher said: "The situation regarding rent and revenue negotiations with ACL is very well documented and without a clear route forward, we are unable to project our budgets for the coming 12 months.

"That means we are unable to file the accounts which results in an embargo.

"The owner has continued to fund the club over the past five years, to the tune of close to £45m, showing huge commitment to the club.

"That commitment remains but we have to build a strong and sustainable future if we are to put quality onto the pitch and meet the new rules under Financial Fair Play.

"As a board, we will continue to work as hard as we possibly can to try to prevent the off-the-field matters impacting on the pitch but, clearly, in this instance it hampers any room for manoeuvre we have should we need to bring anyone in over the next three weeks."

Related News

Most Commented

Readers' Comments

S

terling needs to be told though that upon entering the Arsenal squad he will re-enact the final scene from Highlander where he will be thrown around a warehouse by cartoon dragons and then be a mere mortal that will only ever spend three to four weeks a season playing football and the rest on the physio's bed. There can be only one.....player available at The Emirates.

rodger's gusset
Arsenal interest in Sterling

T

he game changed in our favour when Carrick came on. We were able to play further up the pitch due to having a player who can give and go with the ball and keep possession. Yet barkley made some runs and Townsend scored a good goal but carrick's inclusion and chiellini's withdrawal made the biggest difference to the flow of the game

ricky villa
Hodgson: Barkley was brilliant

N

o, you've not silenced anyone Andros, i'm afraid. We know you can score a great goal, and it's really handy to have your direct running and willingness to shoot on the bench. But until you can do the other things expected of a winger (beat the man, put a decent cross in, stay wide etc) then you can't expect more than a regular cameo. Wonderful goal though, what a hit! No wonder Buffon wanted the shirt.

badwolf
Townsend: I've silenced critics

Footer 365

'Win some medals', blasts Merson

Paul Merson challenged Andros Townsend to "win some medals" before calling him out after the Tottenham winger poked fun at him for questioning his England credentials.

Raheem Sterling will not resume Liverpool contract talks until the summer

Raheem Sterling has confirmed that he will not resume talks over a new contract with Liverpool until the summer.

Tottenham striker Harry Kane wants to play for England U21s at European Championship says Roy Hodgson

Harry Kane wants to "finish the job" and go to the European U21 Championship this summer, according to Roy Hodgson.

Mail Box

Is This The End Of Ex-Players As Managers?

Do massive wages and cushty TV numbers signal the end of the ex-high-profile player turned manager? Plus Liverpool fans don't actually say the 'next year' thing...

A Solution For The Premier League's 39th Game...

One morning Mailboxer solves the 39th game conundrum. Plus England were actually alright, Harry Kane is rubbish again and do Arsenal have the most embarrassing fans?

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company