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Coventry City faces liquidation

League One side Coventry City says it faces liquidation. The 1987 FA Cup winners could begin tomorrow's season with a 15-point penalty after the stadium's owners refused to sign a deal that would have allowed the club to exit administration.

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Coventry fear 15-point penalty due to liquidation

Coventry City have confirmed that Coventry City Football Club Ltd is likely to be liquidated:

It is with great regret that a proposed Company Voluntary Agreement (CVA) has been rejected by Arena Coventry Limited (ACL).

It means CCFC Ltd is likely to be put into liquidation which is expected to result in a points penalty for the club going into the new season.

The football club and the Alan Higgs Centre Trust accepted the administrator’s CVA, but the City Council, through ACL, have chosen to reject it – leading to possible liquidation and the risk of a 15-point deduction.

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