ITV News Central understands that "at least three parties" are interested in buying Coventry City FC Ltd.
The part of the club has been in administration for more than two months and was put up for sale today.
The sale of Coventry City has been completed, but the Football League still needs to decide on its future
Members of the Sky Blues Trust, a supporters' group, have given a letter to the club's administrator.
Sources at Coventry City say the club is in ‘advanced talks’ with Walsall over plans to temporarily play at Bank's Stadium.