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Coventry City FC sale complete

The administrator for Coventry City says the sale of the club to a company connected to its current owners Sisu has been 'completed'.

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US property tycoon among Sky Blues bidders

Coventry's suspended life president Joe Elliott, is part of the consortium Credit: Steve Mitchell/EMPICS Sport/PA

ITV News Central can confirm an American property tycoon has put in a final bid for the part of Coventry City which is in administration.

Preston Haskell IV is working with the club's suspended life president Joe Elliott and former vice-chairman Gary Hoffman.

The group is one of four interested parties who put in 'best and final' bids for Coventry City FC Ltd before a deadline of midday today.

Sources in Haskell's camp say the US businessman is hoping the administrator will decide on a preferred buyer 'as soon as possible'.

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