In the wake if the resignation of Coventry City's vice chairman Gary Hoffman over the transfer of Conor Thomas to Liverpool last month, it has now emerged that City chairman Ray Ranson offered his own resignation in the wake of the transfers out of the club of Scott Dann and Dan Fox in 2009.
The Coventry Telegraph are reporting that Mr Ranson was dissuaded from resigning the chairmanship of the club by former chairman, now life president, Joe Elliott and vice chairman Gary Hoffman.
It is believed that Mr Ranson was also against the transfer of Conor Thomas and that the move was forced on the club by the owners Sisu.
The Coventry City Board of Directors is now divided and engaged in a power struggle between the Sisu Representatives and the Coventry City supporting board members.
When Mr Ranson became chairman of Coventry City in the wake if the Sisu takeover in August 2008, he said that the policy of the club would be to nurture home grown, young and talented footballers and bring them into the side as they attempted to gain promotion to the Premier League.
It is now becoming evident that the controllers of the club's finances, Sisu and its representatives on the board, are at odds with this policy and it is they who are having things their way at the moment.