Coventry Football Club Goes Into Liquidation

Coventry City football club has gone into liquidation, Sky Sports News has revealed.

The liquidation has been triggered by a failure between the club's owners and the owners of the stadium to reach a deal over a 10-year lease of the stadium.

The Football League is assessing the situation and level of punishment - likely to be a heavy points deduction - at least 15, according to Sky Sports News.

There is no suggestion yet that Coventry won't be able to fulfil fixtures in League One. Their season starts tomorrow away at Crawley.

A statement on the club's website read: "The club will hold urgent meetings with the Football League this afternoon to go through the next steps for the football club."

More follows later...

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