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City play down transfer embargo

City play down transfer embargo

Coventry City say they are 'negotiating funding' with owners SISU after being placed under a transfer embargo for failing to file their accounts by the 29th February deadline.

'As part of the accounts submission process we have to be able to show committed funding out for the next financial year,' chief executive Tim Fisher told the club website.

'We could not do this as we are still in the process of agreeing and negotiating budgets with the owner.'

Fisher claims there is 'nothing untoward' about the situation and that he hopes to have it resolved very soon.

Birmingham City have also been placed under a transfer embargo for a similar reason.

Meanwhile a report in Friday's Sun suggests that Portsmouth's administrator could have as little as two weeks remaining in which to save the club.

Should the worst happen the newspaper claims that all Pompey's results from this season will be null and void and that only two clubs will be relegated from the Championship.

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Writer:CCFC
Date:Friday March 2 2012
Time: 10:38AM

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# Team P W D L Pts. GD
C Wigan 46 24 15 7 87 37
P Burton 46 25 10 11 85 20
3 Walsall 46 24 12 10 84 22
4 Millwall 46 24 9 13 81 24
5 Bradford 46 23 11 12 80 15
6 Barnsley 46 22 8 16 74 16
7 Scunthorpe 46 21 11 14 74 13
8 Coventry 46 19 12 15 69 18
9 Gillingham 46 19 12 15 69 15
10 Rochdale 46 19 12 15 69 7
11 Sheff Utd 46 18 12 16 66 5
12 Port Vale 46 18 11 17 65 -2
13 Peterborough 46 19 6 21 63 9
14 Bury 46 16 12 18 60 -17
15 Southend 46 16 11 19 59 -6
16 Swindon 46 16 11 19 59 -7
17 Oldham 46 12 18 16 54 -14
18 Chesterfield 46 15 8 23 53 -12
19 Fleetwood 46 12 15 19 51 -4
20 Shrewsbury 46 13 11 22 50 -21
R Doncaster 46 11 13 22 46 -16
R Blackpool 46 12 10 24 46 -23
R Colchester 46 9 13 24 40 -42
R Crewe 46 7 13 26 34 -37
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