Monthly Archives: June 2013

Beneficial Ownership and that elusive golden share

The Administrator has spoken. I can confirm that the asset sale by Coventry City FC Limited to Otium Entertainment Group Limited has been completed.  Otium has purchased the right and title to certain assets possessed in Limited including the shares … Continue reading

Posted in Administration, Coventry City, Football Finance | Tagged , , , , , , , | 1 Comment

The best way to ensure you don’t get re-elected…

The government claims it is poised to act.  The recommendations in the follow up report by the Department of Media, Culture & Sport DCMS on football governance are absolutely clear.  Failure of the footballing authorities to act efficiently and effectively … Continue reading

Posted in Administration, Coventry City, FIFA, Football Finance | Tagged , , , , , , | 1 Comment

What are the chances of passing a late fitness Test?

Will Coventy City FC new owners pass the ‘fit and proper test’?  Have the Football League and the government the will to fail them? Will the expected takeover of CCFC Ltd by Otium Entertainment Group Ltd be an opportunity for … Continue reading

Posted in Administration, Coventry City, Football Finance | Tagged , , , , , | 7 Comments

When do we play away at Walsall, Dad?

The fixtures for the Football League (FL) have been released.  Coventry City FC  will at least be participating in the competition, after the club and CCFC Ltd, were taken out of administration on Friday 14 June, 2013.  The club had … Continue reading

Posted in Background Articles, Football Finance, Sky Blue Trust | Tagged , , , , | 1 Comment

You’re not fit to wear our shirt?

Or to be more precise, the blazer bearing the clubs emblem.  It was a SISU controlled subsidiary, ARVO Master Fund, that placed CCFC Ltd and the football club into administration back in March 2013.  According to its CEO, Tim Fisher, … Continue reading

Posted in Administration, Coventry City, Football Finance | Tagged , , , , , , | 4 Comments

(Un)comfortably numb

The administrator has made his decision.  Out of the four proposals submitted, Paul Appleton has announced that the bid from Otium Entertainment Ltd, one of the companies under the control of SISU, is his preferred option to take the club, … Continue reading

Posted in Administration, Coventry City, Football Finance | Tagged , , , , , , | 1 Comment

Language Timothy…

So he has been at it again.  This time, Tim Fisher, the director of CCFC Holdings Ltd has been holding fan forums to try and placate the ever growing unease at which many supporters feel towards SISU, the Mayfair base … Continue reading

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