League One - Coventry meeting adjourned again

Coventry's crucial creditors' meeting will now be held on Friday after Arena Coventry Limited requested another adjournment.

PA Sport
League One - Ricoh Arena owners hit out at Football League

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Ricoh Arena

The Sky Blues' future is up in the air as part-council owned ACL have not agreed to Creditor Voluntary Arrangement (CVA) which would enable the club to exit administration.

The club's administrator, Paul Appleton, released the following statement on the club's official website: "At today's (Tuesday) reconvened creditors' meeting, ACL put a resolution to the meeting that there should be one final adjournment.

"That resolution was passed in accordance with the Insolvency Rules 1986. Accordingly, the meeting was adjourned to Friday, August 2 at 10am."

The adjournment comes on the same day that Joy Seppala, the boss of Coventry's hedge fund owner Sisu, said she would be delighted to meet with Coventry City Council leader Ann Lucas to discuss the club's future.

The League One club will play at Northampton's Sixfields Stadium for the next four years while they build a new home in Coventry.

City left the Ricoh Arena after becoming embroiled in a bitter rent row and the decision to move to Northampton has not gone down well with angry supporters.

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