Lets compare shall we:
Coventry City - 19th in League 1, owe our owners £44.72m, 2013 accounts show £7.16m loss, don't own our ground but own Ryton.
Southampton - 2nd in the Premier League, owe their owners £32.4m, 2013 accounts show £7.1m loss (excluding transfer fees £8.7m profit), own their own ground and new £30m training centre. Note: have made about £35m profit from transfers over the summer.
Bournemouth - 1st in the Championship, owe their owners £16.2m, 2013 accounts show £15.3m loss (can't find any amount excluding transfer fees but I can see reports saying a large investment was made into training facilities), own their own ground and training centre.
Which club do you think is in the worst position out of those? If either Southampton's or Bournemouth's owners were to sell up there's a good chance they will at least get their money back. Depending on how they are run from the point of the these accounts its also possible for both to run profitably in the future.