The administrator of one of the Coventry City companies has said that it would still be possible for a deal to be done between the owners and the Ricoh Arena during the liquidation process which could take up to a year. The club could then return from exile and low attendances in Northampton to the stadium purpose built for them.
The administrator of one of the Coventry City companies has said that it would still be possible for a deal to be done between the owners and the Ricoh Arena during the liquidation process which could take up to a year. The club could then return from exile and low attendances in Northampton to the stadium purpose built for them.
They could agree a Company Voluntary Arrangement and it is even possible that the club’s ten points deduction could be reversed. This would place the Sky Blues in the play off positions, but such a concession by the Football League, although possible given discretion in their rules, seems unlikely.
The real obstacle is not what is legally possible but whether Sisu/Otium can be persuaded to abandon their ill conceived stance. Perhaps they still think that the Ricoh will eventually go into adminstration and would then be available for sale at a knockdown price.