- Coventry City News
- News Archive
- League Table
- Championship News
The Club Is Not Under Threat
Published : 21 Mar 2013 20:18:11Rss feed
CCFC Holdings Statement
Coventry City Football Club (Holding) have issued a statement following the placing of a subsiduary company into administration.
A spokeman is being reported as saying: "A non operating subsiduary of the club was placed into administration today.
"It is important to stress that the football club itself is not under threat.
"This is merely a property subsiduary which owns no material assets and has no employees, on or off the pitch."
All staff wages, PAYE and other creditor commitments are continuing to be met as before.
Source: Coventry MAD