Coventry City deducted 10 points by Football League

Ricoh Arena
© PA Photos
Coventry City are handed a 10-point deduction by the Football League.

The Football League have confirmed that they have deducted Coventry City 10 points after the club's owners Otium Entertainment Group were granted league membership.

The club had earlier gone into liquidation after a meeting with major creditors ACL.

The decision means that Coventry will be able to fulfil their fixtures for the forthcoming League One season.

A statement on Coventry's official website read: "Coventry City owner Otium Entertainment Group Ltd. has been awarded the membership of the Football League in time for the new season.

"CCFC Ltd (the company that entered administration) will be put into liquidation after ACL failed to accept the Company Voluntary Arrangement (CVA) put forward by the administrator.

"Rather than the statutory 15 points penalty, the club will now receive a ten points deduction going into the new season while the awarding of the membership of the Football League provides certainty for the future."

Coventry chief executive Tim Fisher admitted that he is sorry for the club's supporters.

"We know that this has been an extremely difficult summer for our supporters and we are truly sorry that all of the attention has been off the field rather than on it," he said.

"There has been a great deal of uncertainty surrounding the club's future but this decision by the Football League means we now have certainty and the club's future is secured.

"We can now get on and put our future plans into action which means building and owning our own stadium in the Coventry area."

Coventry have also been cleared to play their home matches at Northampton Town's Sixfields Stadium.

Read Next:
Coventry 'agree groundshare with Northampton'
You May Like
Recomended from Sports Mole

1Exeter CityExeter87101661022
2Notts County8611137619
3Accrington StanleyAccrington85121711616
4Luton TownLuton8422179814
5Mansfield TownMansfield8341138513
6Coventry CityCoventry841395413
7Cambridge UnitedCambridge841377013
8Swindon TownSwindon84131112-113
9Newport County8332118312
10Lincoln City8332107312
12Wycombe WanderersWycombe83321413112
13Grimsby Town84041215-312
15Crewe AlexandraCrewe8323109111
17Colchester UnitedColchester82241214-28
18Carlisle UnitedCarlisle8224914-58
19Yeovil TownYeovil82241320-78
20Crawley TownCrawley8215810-27
21Cheltenham TownCheltenham8215812-47
22Forest Green RoversForest Green81251020-105
24Port Vale8116612-64