League One Side Coventry City Owner Dismisses Bids As 'Derisory'

Relegated League One side Coventry City owner Sisu dismissed two bids for the club as "derisory," according to the BBC. The club confirmed that two bids were made to the London-based hedge fund by a consortium led by former Coventry City Vice-Chair Gary Hoffman. But it insisted that "there have been no discussions between the two parties." A Sisu spokesperson said, "There were no talks prior to the bids nor are any expected or planned. ... Indeed, Mr Hoffman himself has noted publicly that the derisory bids put forward by him in recent days were immediately rejected." Fans have campaigned for Sisu, now in its 10th season as club owner, to sell the relegated outfit, which "will be playing in English football's fourth tier next season for the first time in 58 years" (BBC, 4/22).