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Hint CVA Won't Be Signed - Reid

30 Jul 2013 00:26:00

Hint CVA Won't Be Signed - Reid

Les Reid Tweet

According to the Coventry Telegraph's Les Reid, there are hints that the Company Voluntary Agreement which would allow CCFC Ltd to exit administration will not be signed.

The Creditors including SISU Capital Ltd, SISU owned Avro Trust, who through their debenture, own most things in the club including the official club website, and Arena Coventry Ltd are all to attend another meeting with the Administrator Paul Appleton after the first meeting was adjourned eight days ago.

Mr Reid tweeted on Monday night: "Big day for #CCFC 2moro. Picking up hints CVA to end admin WON'T be signed. More on that in morning, then live reports."

Source: Coventry MAD


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