Sky Blue Trust - The Hoffman Offer

Last updated : 21 March 2019 By SBT

The Sky Blue Trust have issued a press statement following the latest rejection of the bid for Coventry City Football Club by the Hoffman consortium.

The Trust have said:

"The Sky Blue Trust notes the reported offer  made by Gary Hoffman to purchase Coventry City Football Club which has been rejected by SISU owner Joy Seppala.
"Our initial thoughts on this would be that the most recent sale of a League 1 Club was Portsmouth, sold last year for £5.67million. Portsmouth have a ground. Compared to that over £7 million for Coventry, who don’t have a ground, seems generous.
"We are also concerned that the continued inability of CCFC to show where home games will be played next season must be distracting away from Mark Robins and his players' efforts to push for the play-offs.
"We also feel that a sale to someone who can do a deal with Wasps to play at the Ricoh would solve the current crisis."