Coventry City MD Tim Fisher has said the Sky Blues are not going bust.
Speaking to the CT, Mr Fisher said: "The football club is not on the brink of going bust. Rather, the auditor pointed out that the football club has been set a number of challenges in turning around the business.
"There are risks in moving a business forward when that business has had its revenues cut in half. The auditor’s prudent comments simply reflect those risks.
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