The Football League have told the Coventry Telegraph that they are waiting for the Administrator for CCFC Ltd to call a creditors meeting.
Speaking to the Coventry Telegraph's Les Reid, The Football League said: "We are waiting for the administrator to call a meeting of creditors. The ball is in the administrator's court."
Fourteen days notice is needed for a creditors meeting and we may have to wait around a month before a decision is reached on whether Otium Entertainment Group can legally buy CCFC Ltd or not.
More on this; http://www.coventrytelegraph.net/sport/football/football-league-wont-rule-coventry-4709180