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No Winding Up Order Against City

20 Feb 2013 17:12:35

No Winding Up Order Against City

Latest from City

Coventry City CEO Tim Fisher has confirmed that there is no winding up order being made against the Sky Blues.

Mr Fisher said: "I have had a lot of approaches this morning regarding the legal action made against the club and implications about insolvency and administration.

To be clear; 

As at today, there is NO winding up petition beyond a statutory demand (onerous enough in itself). There is, however, a third party debt order - which is in process to freeze bank accounts. This could take up to seven  days and, of course, we are vigorously defending the Third Party debt order."

 

 

Source: Coventry MAD


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