Coventry City Football Club Limited Administrator Paul Appleton has issued his statement following the end of the Creditors Meeting today.
It reads as follows; "At today's 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 earliest that City can now come out of administration and a transfer embargo is after the transfer window has closed.
More on this; http://www.coventrytelegraph.net/news/coventry-news/coventry-city-creditors-meeting-adjourned-5384658
Source: Coventry MAD