A deadline of 27 December 2012 was given by ACL for unpaid rent. After the deadline passed, a winding up order was enforced through the High Court. Subsequently, after ACL planned to place Coventry City FC Ltd into administration, the club itself entered administration, accepting a 10-point penalty from the Football League as a consequence. A further 10-point penalty was incurred when ACL refused to accept the terms of a CVA proposed by the administrator. Coventry City Football Club has since been bought by Otium Entertainment Group.