Coventry City Football Club Ltd Directors Tim Fisher and Mark Labovitich have been told they could face criminal charges for failing to supply the accounts of CCFC Ltd and possible charges of conspiracy to defraud.
This comes following an early day motion to parliament from Coventry MP Bob Ainsworth who put forward the following Early Day motion:
“This house notes that Companies House has written to the directors of Coventry City Football Club (Holdings) Ltd warning them that they may face criminal proceedings if their overdue accounts are not filed; that in the accounts for year ending May 31, 2011 of CCFC Ltd, the company now in administration, 108 players, football staff and employees were registered; that the joint administrator Mr Appleton has been asked to check whether these accounts were signed off as correct by the company auditors BDO and claims he has been unable to get an answer, believes that the issue of when and how assets assigned to CCFC Ltd were transferred elsewhere goes to the heart of whether there has been a conspiracy to defraud and calls upon BDO to say whether they have been asked this question, if so when and whether they have provided an answer and whether indeed they signed off the accounts; calls upon the club’s directors to give a full explanation of when and how those assets were moved; and calls upon them to file the long overdue company accounts 2012 for CCFC (Holdings) without further delay.
Companies House have also been looking to take Sky Blue Sports & Leisure, the vehicle SISU used to buy Coventry City in 2007 off its register of companies.
More on this; http://www.coventrytelegraph.net/news/coventry-news/coventry-mp-seeks-answers-after-4922221?