in a joint statement on behalf of Coventry City FC Holdings and Joint Administrator Paul Appleton, Coventry City have withdrawn their appeal against the ten points deducted by the Football League.
The statement reads:
"Whilst it was agreed to commence the appeal process with regard to the 10 point deduction by the Football League, following legal advice, the decision has now been made to withdraw the appeal to avoid further delay and costs to all parties."
Full story: http://www.ccfc.co.uk/news/article/club-withdraw-appeal-764168.aspx