The Coventry United women’s league team was hit with a 10-point deduction from the Football Association after going into voluntary liquidation last month.
The penalty was applied immediately and sees Coventry drop to -4 points and drop to the bottom of the division, 10 points from Watford’s 11th place.
The FA’s punishment comes despite the club being saved from liquidation earlier this week by Lewis Taylor, the CEO of Midlands-based energy company, Energy Angels.
Taylor says he will “absolutely” use the points deduction, which he can do once the club purchase is complete. The deal is expected to close next week.
Taylor says he is willing to invest between £ 200,000 and £ 250,000 to ensure Coventry can finish the 2021/22 season.
Taylor said Sky Sports News Monday not only aims to secure Coventry’s long-term future – who have only gone fully professional this season – but also wants to help lead the club into the women’s Super League.
“The deal is solely between us and existing shareholders, so we don’t rely on third parties to say we can or can’t do it,” he said.
“I guess the current shareholders are just happy that someone else is willing to take everything.
“We’re not doing it just to keep the team together this season. That’s the immediate concern, but I wouldn’t be here doing it if it were just for this season.
“There is potential to play WSL here, which should always be the goal.”
Taylor revealed that he held virtual meetings on New Year’s Day with manager Jay Bradford and the club’s players to explain his takeover offer.
He said: “We have had a really positive response from the team.
“We will raise the situation very quickly and make the players pay to start and make sure we train on Wednesday morning.
“I want to bring everything back to December 22 when everything went well and reassure the players that they have the confidence to go and train, play and get results.”