What the Trust says

Is Otium separate from CCFC?

Coventry City

• All complainants including OEG are joint and severally liable for the costs of any legal action. Other joint complainants can give assurances that this will not happen but that is not a binding legal position. SBS&L has no income and ARVO are based in the Cayman Islands.
• Coventry City Football Club is the trading name of Otium Entertainment Group Ltd. OEG is a legal entity, CCFC is not.
• OEG are registered at Companies House as a legal entity CCFC is not.
• OEG owns the English Football League (EFL) share, CCFC does not. OEG therefore has the legal right to trade in the EFL as CCFC.
• The trademark CCFC is owned and operated by OEG.
• All financial information, balance Sheets etc. for ‘the club’ are filed as OEG not CCFC. CCFC files no accounts either at Companies House or at the EFL.
• All assets are owned by OEG (including players). ‘CCFC’ or ‘the club’ is simply a name.
• Otium Entertainment Group will be the entity recognised by HMRC for the purposes of VAT, PAYE & Corporation tax. CCFC is not.
• All turnover, grants, player sales etc are receivable by OEG not ‘CCFC’.
• The training ground is owned and operated by OEG not CCFC.
• A professional football club is the operation of football and football financial activities including the sales of matchday tickets, sales of players and the payment of football related & other expenses. All completed in this case by OEG.