By Jim Van Wijk, Press Association Sport
Published: 17:40 GMT, 20 March 2019 | Updated: 17:40 GMT, 20 March 2019
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Coventry's owner has rejected an 'extremely low bid' from a consortium led by former chairman Gary Hoffman in the latest attempt to take over the Sky Bet League One club.
The Sky Blues have been owned by investment management company SISU Capital Ltd since 2007.
The current rent deal at the Ricoh Arena with Premiership rugby club Wasps expires in the summer. The English Football League has set a deadline of April 2 for Coventry to confirm where they will play next season.
With Mark Robins' side pushing for the play-offs, currently just a point behind sixth-placed Doncaster, the Sky Blues could yet find themselves promoted to the Championship - if facing a somewhat uncertain future behind the scenes.
Coventry City's owner SISU Capital have rejected an 'extremely low bid' for the club
Coventry revealed they were at risk of expulsion from the Football League if no agreement is reached before an EFL Extraordinary General
