'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    Bet with SkyBet  Sky Bet League 1. Click here to bet.

Latest Articles

Messi will be offered new deal

Post comment

Barcelona president Josep Bartomeu insists Lionel Messi will be offered a new contract to keep him at the club.

Berbatov keen on Monaco stay

Post comment

Fulham striker Dimitar Berbatov has confirmed he would like to stay at Monaco beyond the end of this season.

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


Bet with SkyBet  Sky Bet League 1. Click here to bet.

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

Burnley make top-flight return

Burnley returned to the Premier League after a four-year absence after beating Wigan 2-0 at Turf Moor, while Derby defeated Barnsley 2-1.

Reports: Moyes facing the sack

According to various reports, David Moyes is set to be sacked from his role as Manchester United manager.

Moyes demands final push

Manchester United boss David Moyes has challenged his under-fire players to end the season on a high by winning their four remaining matches.

Mail Box

'Tactically Inept And Lacking In Belief And Style'

It's fair to say that the 'Moyes Out' brigade is understandably out in force, whilst there are also staunch defences of Mourinho and Arteta. Plus, Liverpool fans can almost taste it.

That's Why We Didn't Want Jose At United

There is plenty of reaction to Mourinho's antics (Isn't that exactly what he wanted?) plus thoughts on Connor Wickham, Fabio Borini, beach balls and Tim Sherwood...

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