Coventry City CEO Tim Fisher is claiming that the financial situation regarding the CVA is not of SISU's making.
Mr Fisher, said to James Raich of the Guardian: "They've run us up against a cliff edge of liquidation and they've moved to tip us over. "All I can say is that it is the biggest crying shame.
"How can a public body not accept a complete CVA where they will get the money that they are owed, instead of a liquidation where they will get a fraction of that, potentially one-sixtieth of what they would have got?
"This isn't a financial situation of our making; there is no financial gain. Actually there is economic and financial wreckage at the club. I'm not sure we could have done anything differently."
More on this: http://www.theguardian.com/football/2013/jul/31/coventry-city-liquidation-cva?