Coventry City: Administrator adjourns club's creditors' meeting

A creditors' meeting in London which could lead to Coventry City coming out of administration has been adjourned until next week.

Paul Appleton, Coventry City FC Ltd's joint administrator, issued a statement saying that a Company Voluntary Arrangement (CVA) is not yet set up.

"I adjourned the creditors' meeting to discuss the proposed CVA Proposals until Tuesday July 30," said Appleton.

"It gives all parties further time to reflect on their positions."

Next Tuesday's meeting will take place just four days before the troubled club kick off the new League One season with a trip to Crawley.

And the threat remains that the Sky Blues, deducted 10 points for going into administration last season, could still suffer a similar punishment.

City went into administration in March and remain so, despite being taken over last month by London-based Otium Entertainment Group, who have strong links to previous owners Sisu.

Having previously threatened to leave the Ricoh Arena, their home since 2005, the club have agreed a three-year groundshare deal with League Two Northampton Town at Sixfields.

There have since been a succession of public protests by supporters - along with threats by City fans to boycott 'home' games.

The Ricoh's owners, Arena Coventry Ltd, say they have made provisions to carry on without the Sky Blues, who are due to begin life at Sixfields with a League One fixture against Bristol City on Sunday 11 August (15:00 BST).