The accounts of Coventry City’s owners Otium Entertainment have been filed at last following threats of prosecution by Companies House. The accounts of two associated companies have yet to be filed.
The accounts of Coventry City’s owners Otium Entertainment have been filed at last following threats of prosecution by Companies House. The accounts of two associated companies have yet to be filed.
The accounts reveal that a £2m loan was made by the Sisu parent company in the last financial year and loans of £5.986m have been made since then. Total liabilities amount to £60m. The auditors have said that there is a ‘fundamental uncertainty’ about whether the company can continue as a going concern.