Takeover bid rejected by Coventry City’s owners
Coventry City Football Club's owner has rejected an “extremely low bid” from a consortium led by former chairman Gary Hoffman.
The Sky Blues have been owned by investment management company SISU Capital Ltd since 2007.
A statement from the consortium said an offer of more than £7m was rejected on Monday "without any discussion", with Sisu responding that the bid had "little credibility".
"For the avoidance of doubt, yet again this was an extremely low bid," the investment management company added in a statement.
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