Coventry City Interim CEO Tim Fisher has said that there is no value in the Sky Blues going into administration.
Speaking to the CT in an interview with Andy Turner, Mr Fisher said: "Unlike other football club's, Coventry City's balance sheet has already been significantly cleaned up which rules out any 'value' of going into administration."
Mr Fisher who said there had been no bids for the club said that survival is the way forward with everyone from the club owners to Arena Coventry Limited working towards that.