Cash-strapped Championship outfit Coventry are currently negotiating a takeover which they anticipate will be completed shortly, but they revealed in a statement this afternoon they had 'filed in court notices of intent to go into administration'.

The statement continued: 'This is merely a legal process protecting the Bank and its creditors and should speed up the potential takeover of the Club and therefore take Coventry City into a solvent financial situation.'

The Sky Blues are 14th in the table but are in a perilous financial state with estimated debts of £38million.