Coventry City's owners SISU Capital have announced a pre-tax loss.
The hedge fund fronted by Joy Sappia and Dermot Coleman, who have Onye Igwe as their representative on the City board, have announced losses of £272,000, a figure which included a £161,000 tax bill which SISU were ordered to pay after an inquiry by Her Majesty's Revenue and Customs into previous tax years.
Last year, SISU announced losses of £376,000.