Date: 29th August 2011 at 5:09pm
Written by:

The prospect of Coventry City Football Club going into administration has started to rear its head over the past few days after the proposed takeover of the club by a Gary Hoffman-led consortium hit the rocks before it even left port.

Hoffman insists his investors remain interested in ‘the club, the city and himself’ but will no longer deal with SISU leaving administration as the only possible way in which they could get hold of the club.

The present owners look set to continue with their drive to cut costs through players sales as Ben Turner gets ready for a deadline day move to either Birmingham City or Cardiff while Andy Thorn’s hopes of a ‘busy’ final day of the window look increasingly unlikely to say the least.

‘spectre’

In football’s current financial climate it is something of an honour to never have been in administration, bringing with it as that does the spectre of points deductions and, more importantly, creditors, many of them local businesses and long-time supporters of the club, not being paid.

For the Sky Blues however people are beginning to ask what other alternative exists?

As more and more people decide to stop going (or not come back to the Ricoh Arena) the prospects fade of Thorn being backed to even a small degree in the transfer market, leaving his team to battle against the odds against relegation into League One.

 

2 Replies to “City thoughts turn to administration”

Comments are closed.