Coventry City

Coventry City receive takeover bid

It was today reported that Coventry City have received an offer for the club from an unnamed consortium according to the Coventry Telegraph.

Rumours had been flying about between fans across various forums and such that a takeover was on the horizon but now a bid has officially been submitted to hedge fun owners SISU. One member of the consortium, who asked to remain unnamed, has spoken to the Coventry Telegraph to speak about the bid which has been placed.

The offer was supposedly submitted after the Sky Blues’ relegation to the fourth tier of English football was confirmed. It is apparently a lot more than the £1 paid by SISU in 2007 to stop the club going into administration. The consortium is allegedly made up of local businessmen who are life long fans and want to get Coventry back up to the Championship at the very least.

Fans have been protesting to get the owners out for a number of years now in all ways that can be thought of. In 2013 the club were forced to leave the Ricoh Arena and ground share with Northampton and are in danger of something similar happening again unless the mess is sorted. This season however fans have gone on marches, thrown pigs onto the pitch, thrown flares onto the pitch and invaded the pitch.

They will undoubtedly be praying that this ten year nightmare is very close finishing. Fans will have to sit tight and wait and see if something comes of it and they are able to look ahead to rebuilding their squad ready for a promotion push in League Two.

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