Supporters Direct have issued the following statement:
"Supporters Direct notes the decision by The Football League to grant a transfer of membership of Coventry City Football Club to [Otium] with a ten point deduction.
This follows their earlier decision to grant the club permission to play their games outside of the City of Coventry.
It is a sad day indeed when a club can be moved away from its community, its owners can wipe out debts and can act with such disdain for its fans and the people of the city that have sustained in for the last 130 years, and these actions can be sanctioned by the authorities who are supposed to protect the game’s wider interests.
It is hard to think of a clearer example of the failings of governance and leadership that continue to riddle our national game. The policy upon which this decision was based is not even published.
On a day (2nd August) when the football authorities were originally supposed to report to the Minister for Sport on the steps they have taken to reform the way the game is regulated, the irony could not be more telling, and another historic club is eviscerated.
We will continue to work with the Sky Blue Trust, and support them in every way possible to ensure that in its 130th year, the City of Coventry can have a Club that bears its name, and of which it can be proud.
Football fans deserve better, and we will continue to campaign for the kind of regulation that the game so desperately needs, and which fans, politicians and so many others are united in calling for.