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.
– Paul Appleton, administrator for Coventry City FC Ltd
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.