budget, with several top players leaving. Despite this a top six finish was still achieved. The summer of 2005 saw more budget cuts and several big names leaving the Showgrounds, but this time the main concern for fans was the very future of the club. In August, the Inland Revenue filed for a winding-up order against Coleraine due to debts of £1.3 million. The Friends of Coleraine, worked tirelessly to persuade the High Court to postpone the hearing to allow them to put together a business plan to show that the club could be viably run. The club were liquidated on 9 August 2006 after they were allowed to enter administration, and a steering committee was set up to run the new club Coleraine FC Ltd. The club went on to defeat Institute to win the North West Senior Cup for the 1st time. The club were incredibly allowed to stay in the Premier League and survival was ensured on the pitch, the Friends of Coleraine formally took control of the club and appointed a new board. In 2008 the club reached the Irish Cup final, but lost 2–1 to Linfield. Manager Marty Quinn resigned after that game and his successor, former assistant David Platt, led Coleraine to a fifth-place finish in his first season in charge. On 27 March 2010, Coleraine narrowly lost on penalties against Glentoran in the final of the Co-Operative Insurance Cup. They also lost out to Linfield in the semi-finals of the Irish Cup. Despite possessing the two top goalscorers in the league, including 41 goal Rory Patterson, Coleraine could only finish the season in seventh. Despite the arrival of much-travelled English striker Leon Knight, inconsistent form throughout the first half of the 2010–11 season resulted in manager David Platt being sacked at the start of February. His replacement, Oran Kearney revitalised a struggling team and they climbed the table rapidly, again ending up seventh. An overhaul of the squad over the summer saw Kearney put his mark on the club and the improvement shown in his first four months in charge then continued, with Coleraine performing well in the league and reaching the final of the IRN-BRU League Cup. In 2012–13 Coleraine finished the season in 6th place after making the split five games previously. In the 2015–16 season, after many average seasons, the Bannsiders hit title winning form, going on a winning run