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Administration

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Sky Blues could go on sale again

Respected football administration expert Brendan Guilfoyle thinks that Coventry City may have to be put up for sale again as the preferred bidder, Sisu-linked Otium Entertainments Ltd., could fail the fit and proper persons test.

Hearts administrator gets a boost

Administrator Bryan Jackson is optimistic Hearts will reach the season ticket sales needed to keep the ailing club afloat. Accountancy firm BDO took control of the Edinburgh club last week and set a target of selling 3,000 more season tickets to keep going over the summer.

'Sales started off very well. I understand we got to nearly 500 by yesterday,' Jackson told BBC Scotland. 'This was more than we'd anticipated and it shows the demand is there.'

Hearts had already sold 7,000 season books before entering administration but the money raised through those sales has already gone

Dunfermline fans worried by mystery bid

Dunfermline Athletic supporter group, The Pars Supporters’ Trust has called for the mystery second bidder to buy their club to reveal itself to alleviate growing concerns of the club’s supporters.

Fans group Pars United submitted a bid for the club and the ground (which are separately owned) earlier this week. Talks between Pars administrators BDO and Pars United are expected to resume early next week after it emerged their offer for both the club and their East End Park stadium was unacceptable in its present form.

Hearts enter administration

Hearts have served notice of their intention to appoint an administrator. The Edinburgh club have debts of £25m - owed to Lithuanian-based companies formerly owned by Vladimir Romanov - who are themselves facing insolvency.

Last week, the entire Tynecastle squad was put up for sale, with Hearts seeking £500,000 to keep them running over the summer. It means Hearts will start next season in the top flight with a deduction of 15 points. Hearts owe £15m to Ukio Bankas, which has been declared bankrupt.

Sisu shock for Sky Blues fans

The administrator of Coventry City has selected a Sisu-related company as preferred bidder for the club. It must be the understatement of the year when he says that he realises that the decision will not be appreciated by many Sky Blues fans.   

Four bidders for Sky Blues

Four potential investors have submitted bids for Coventry City FC.   As expected, they include the consortium backed by American investor Preston Haskell IV.   They also include a company related to Sisu-backed Coventry City Holdings.

Four bidders for Sky Blues

Four potential investors have submitted bids for Coventry City FC.   As expected, they include the consortium backed by American investor Preston Haskell IV.   They also include a company related to Sisu-backed Coventry City Holdings.

Free use of Ricoh Arena offered to Sky Blues

Arena Coventry Ltd., the operators of the Ricoh Arena, have offered Coventry City FC the opportunity to play there free of charge next season.   They would only have to pay for costs arising on match day.

Sky Blues fans fear Walsall move

Coventry City fans are concerned that playing home games at Walsall for three years as Sisu propose could place the Sky Blues in even greater difficulty.     They consider that it would lead to falling crowds and revenues, relegation and possibly even liquidation.   They want the Football League not to return the 'golden share' to Sisu and the administrator to consider alternative bids of which there is thought to be more than one.

Coventry City are for sale insists administrator

Paul Appleton, the administrator of Coventry City, is insisting that the Sky Blues are available for sale from today and that this includes the golden share which enables the club to play in the Football League.