Coventry City CEO Tim Fisher has issued a statement regarding the High Court application for administration being placed.
The statement reads;
"We have not applied for a court application which could send the club into administration. That has been done to us.
"There is no benefit to the football club, its supporters or any other party to discuss financial and commercial details through the media.
"Why would we do that when we are at such a delicate stage in proceedings?
"We are doing everything we can to work through this whole at the same time running a football club that is doing well on the field and in touching distance of the play-off places."
Source: Coventry MAD