Mr Ranson needs all the Associate Directors and Bold Holders, who each paid between £50,000 and £100,000 to help the club out in a previous crisis, as part of the deal.
Associate Directors and Bond Holders, of some of whom Covsupport helped the club to recruit, were promised a financial return if the club were to be promoted to the Premier League with Associate Directors being allowed to attend board meetings but not vote.
Other creditors including those who provide goods and services to the club. Covsupport understands that some businesses were considering legal action to get back monies owed but have now been prevented from doing so by the filing for administration.
These are seen as the big boys in the deal rather than the vast majority of the minority shareholders, many of whom's share holding is around the one 500th of a per cent mark according to the figures provided by one share holder.
Mr Ranson so far has around 80% of the shares in Coventry City Holdings FC and told the CT: "We want a debt free club going forward and to acheive this we need 90% of the shareholders as well as the outstanding Bond Holders on board."