The administrator for the part of Coventry City which is in administration has said the bid put forward by Otium Entertainment Group Limited was 'substantially more' than the three other offers received.
The company is connected to Sisu, who took over the Sky Blues in 2007.
The bid from Otium Entertainment Group Limited was substantially more than any of the other three bids received
and was the bid which gave the greatest return to the unsecured, non-connected creditors of CCFC Limited by a considerable margin.
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.