Coventry City (Holdings) Ltd have issued the following statement regarding the decision by Administrator Paul Appleton to award the CCFC Ltd bid to Otium Entertainment Group.
The statement reads as follows; "We are pleased with the decision which helps to assure the future of the Club.
"Our absolute focus now is to exit CCFC Limited from the administration process so we can get back to running a football club and make the decisions we need to in time for next season.”