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Coventry City administration history: every insolvency event since 1986
Coventry City has one insolvency event on record in 2013, costing 20 league points in total. The most recent: administration in 21 March 2013, League One.
Coventry City timeline
- · League One · Administration · -20 points
Coventry City Football Club Ltd, the subsidiary holding the Ricoh Arena lease, went into administration on 21 March 2013 amid a rent dispute with Arena Coventry Ltd, and a High Court hearing on 26 March ruled the club 'in administration'. The Football League deducted 10 points on 28 March 2013 (2012-13) and a further 10 points for 2013-14 after the CVA failed (10 + 10 = 20).
Owner at the time: Sisu
Outcome: Survived. Administrator Paul Appleton sold the club to Otium Entertainment Group (accepted 14 June 2013); the CVA was rejected by ACL and HMRC, but the Football League transferred the share to Otium on 2 August 2013 under 'exceptional circumstances' on acceptance of a further 10-point deduction for 2013-14. Old company Coventry City Football Club Ltd faced liquidation.
Sources: BBC Sport: Coventry City deducted 10 points by the Football League · BBC Sport: Coventry City: Football League docks Sky Blues 10 points · BBC Sport: Coventry City administrator Paul Appleton accepts Otium bid