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Coventry was the second but eldest surviving son of William Coventry, 5th Earl of Coventry, and his wife Elizabeth (née Allen), and was educated at Winchester and University College, Oxford.
Deerhurst was the eldest son of William Coventry, 5th Earl of Coventry, and his wife Elizabeth (née Allen), and was educated at Winchester and University College, Oxford.
He was superseded in the treasury on 11 March by Buckingham's favourite, Sir Thomas Osborne, and was at last released from the Tower on 21 March in disgrace.
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"I perceive," writes Pepys on 23 August 1667, "Sir William Coventry is the man and nothing done till he comes", and on his removal in 1669 the duke of Albemarle, no friendly or partial critic, declares that "nothing now would be well done."
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Six weeks before Coventry's fall, the conference between Charles, James, Arlington, Clifford and Arundel had taken place, which resulted a year and a half later in the Treaty of Dover.
His eldest son Thomas Henry Coventry, Viscount Deerhurst, predeceased him and he was succeeded by his second but eldest surviving son George.