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City Have Three Years To Pay FL Bond
Bond Not Payable Until End Of Third Year
According to Tim Fisher, Coventry City have three years to pay the £1m bond being sought by the Football League.
The League have asked for a bond to be guaranteed as part of permitting Coventry City to play their home games at Northampton Town's Sixfields Stadium but the bond is not due to be paid until the end of the third year.
Source: Coventry MAD
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