'Business as usual' for Coventry

Coventry manager Steven Pressley has been assured it is "business as usual" by the administrator.

Last Updated: 22/03/13 at 17:25 Post Comment

Latest Articles

Transfer news: Hartlepool will not sign convicted rapist Ched Evans, chairman Peter Harris confirms

Post comment

Hartlepool have announced they will not sign convicted rapist Ched Evans after boss Ronnie Moore expressed an interest.

Transfer news: Arsene Wenger insists Arsenal are prepared to spend in January

2 comments

Arsenal manager Arsene Wenger insists he will only spend money in January on the right player.

All Articles

Pressley: Given assurances about his squ

Pressley: Given assurances about his squ

Coventry manager Steven Pressley has been assured it is "business as usual" by the administrator appointed for the company that holds the lease and licence for the Ricoh Arena.

It was confirmed on Thursday that Coventry City Football Club Limited had gone into administration.

However, this company is distinct from Coventry City Football Club (Holdings), which runs the football operation.

It means that Paul Appleton, managing partner of David Rubin & Partners LLP, has been able to offer Pressley assurances about his squad, including confirmation they will continue to be paid as normal.

"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," said Appleton.

"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."

The administration issue centres around the costs involved with playing at the Ricoh Arena, which Coventry moved into eight years ago.

A High Court judge is next week due to analyse the finances of the club after the owner of the stadium said it was owed rent.

Arena Coventry said earlier this month that it was owed more than £1.3 million and planned to ask a High Court judge to place the club into administration.

Lawyers representing Arena Coventry appeared at the High Court in London today to outline the latest state of play.

They said Arena Coventry bosses had been concerned by a statement made by the club earlier this week - and needed more time to consider their position.

A judge adjourned the hearing until Tuesday.

Eighth-placed Coventry travel to bottom-of-the-table Portsmouth - a club placed into administration more than a year ago - on Saturday.

There has been talk of City reaching a ground-share agreement with one of their Midlands neighbours before building a stadium of their own, even though the 32,000 Ricoh Arena is a newly-built stadium.

It is now thought Coventry will have a 10-point deduction imposed by the Football League, which would end any outside chance of promotion from League One, City having mounted a successful run under Pressley, who was only appointed as Mark Robins' successor a fortnight ago.


Click here for completely free £10 bet with Sky Bet & £5 free every week


Football365 Facebook Fan Page

The Football365 fan page is a great place to meet like minded people, have football related discussions and make new friends.

Footer 365

Premier League: Martin Skrtel's late header earns Liverpool 2-2 draw with Arsenal

A 97th-minute bullet header from defender Martin Skrtel earned Liverpool a 2-2 draw with Arsenal at Anfield on Sunday.

Transfer news: Labour MP Iain Wright warns Hartlepool against signing Ched Evans

Labour MP Iain Wright has told Hartlepool to "think again" over their interest in signing convicted rapist Ched Evans.

Premier League: Neil Warnock blasts officials after Crystal Palace's 3-0 defeat at Man City

Neil Warnock said the decision to disallow a Crystal Palace goal in the 3-0 defeat to Manchester City was "disgraceful".

Mail Box

More Players In The Wrong Bloody Shirt

Plus Cristiano Ronaldo, who looks 'heart-breakingly well-suited to a Real Madrid shirt' according to one United fan. Plus, words from the good doctor and plenty more...

Players Plainly Wearing The Wrong Strip...

There are some players who just look plain daft in whatever shirt they're wearing. Like Cesc and Robin. It's a cracking mailbox with a load of different themes...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property