No Evidence Of Asset Transfer - Appleton
Appleton On His Report
Coventry City Football Club Ltd Administrator Paul Appleton has said that he has found no evidence of any transfer of assets during his investigation and that SISU and ACL could still sign a Company Voluntary Agreement.
Administrator Paul Appleton will fill his report to the Government Business Deparment today and will fill a report to creditors and Companies House which will be publically avaialble next week and said to the Coventry Telegraph's Les Reid: "I've found no evidence of any physical transfer of assets thus far.
"All the current players' contracts we've seen since the date of the administration are in Holdings."
CCFC Ltd will enter liquidation next week unless the creditors sign a CVA to prevent this.
More on this: http://www.coventrytelegraph.net/news/coventry-news/sky-blues-administrator-still-time-6061728
Source: Coventry MAD
Related Coventry City News