Coventry City have been hit with a 10-point deduction by the Football League for dropping into administration.

The League One outfit have been hit with the blow on the day that they came to an agreement with stadium owners Arena Coventry Limited to play their final three home fixtures at the Ricoh Arena.

A statement released by the Football League said: "This Sporting Sanction has been implemented with immediate effect. Coventry City have seven days in which to appeal.

"The League has now begun discussions with the administrator aimed at achieving a sustainable future for the club within The Football League."

As a result, the financially-stricken outfit have dropped from 10th in the table to 15th.