Coventry City under transfer embargo until money repaid to HMRC

The club is under a transfer embargo while they repay money to the taxman.

The club's first three home league games were called off due to the unsafe pitch.

Dave Boddy said that there was a significant impact on the company's cash flow.

"This agreement with HMRC will help us in the running of the club," he said.

While we are unable to sign players until December, I want to assure fans that we can address this issue now and that any transfer activity in the January window will be unaffected."

The postponement of a further home game in September, following the death of the Queen, meant four of the Sky Blues' first five Championship matches were not played.

The club agreed a time to pay arrangement last month and have already paid three of the six installments.

With the company that runs their ground on the verge of administration, they are now looking at alternative venues for home games.

The CBS Arena is not included in the prospective takeover of the stadium which was accepted on Sunday, according to the reports.

"Serious challenges to the football club and the sporting performance, and distress to our supporters, are presented by the position of theACL," Boddy said.