Source: FOOTYMAD
£40m Debts For City
Big debts for the Sky Blues According to the latest Coventry City accounts on record at Companies House, Coventry City have debts of close to £40m. City are being reported as having a group undertaking of £ 39,584,467 and will need significant investment or success on the pitch if they are to overcome these debts and be able to move forward. The accounts should have been lodged at Companies House before the end of February but were delayed, meaning that the club went into administration. More to follow.
