Coventry reach HMRC agreement to cover stadium cashflow shortfall
- CBS Arena pitch was deemed unplayable in early season
- Club’s financial problems tied in with collapse of Wasps
Coventry have reached a ‘time to pay’ agreement with HM Revenue and Customs following “cashflow imbalances” caused by early-season match postponements.
The first four games of the Sky Blues’ campaign were affected when the pitch at the Coventry Building Society (CBS) Arena was deemed “unsafe and unplayable”, with three games postponed and a Carabao Cup clash with Bristol City played at Burton. A further match was called off in September due to the death of the Queen.
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