According to the Coventry Telegraph's Les Reid, documents from Coventry City Football Club (Holdings), Arvo Trust and Sky Blue Sports & Leisure which were presented to the High Court reveal that Coventry City Football Club (Holdings) was treated as the club for all regulatory compliance & trading & investment purposes.
Mr Reid has tweeted; "Reading Holdings/Arvo/SBS&L's docs to High Court. They concede: "In 2001, it appears golden share was transferred to #CCFC Ltd"
However, an entry was made in FL register of members on page relating to CC Holdings. FL & CCH conducted business on understanding Holdings was the Club for all regulatory compliance & trading & investment purposes." Adds player contracts were in Holdings name.
"Holdings High Court docs also makes claims about talks last year with council officers/ACL directors to buy ACL's Yorkshire Bank debt."