Takeover Could Be Completed As Early As Tomorrow
The paper claims that a £45m deal is close to being agreed and that sources close to the situation have said that the bid should be completed early this week.
SISU Capital, described as London's most aggressive traders in debtladen businesses, specialise in buying up debt ridden companies and selling them off for a profit.
Their staff includes CEO Joy Seppala, a 46-year-old Finnish-American, accused of lying in a High Court wrangle over bust electricity company TXU. Seppala who is described by rivals as having 'balls of steel', was criticised by the trial judge over her ' distorted recollection of events' and for being 'prone to exaggerate'. Other staff include analyst Angela Jilina.
SISU Capital have been involved in the battle for the London Stock Exchange, Burren Energy and Southampton Football Club, who have claimed that they will speak to SISU this week.
Cheshire based, Ray Ranson will be the football face of the consortium which has bid for City and four other clubs and is expected to announce his board and a date for a Coventry City FC (Holdings) Ltd shareholders meeting later in the week as well as plans for the club.
Ray Ranson
Businesses Mr Ranson owns include football analysis system ProZone and Guernsey-based Registered European Football Finance Ltd (REEF),who were involved in funding Leeds United in 1999.
As Mr Ranson has no career in football other than playing for Birmingham City and Manchester City, he currently would pass the FA standard "Fit And Proper Person" test.
SISU Capital, described as London's most aggressive traders in debtladen businesses, specialise in buying up debt ridden companies and selling them off for a profit.
Their staff includes CEO Joy Seppala, a 46-year-old Finnish-American, accused of lying in a High Court wrangle over bust electricity company TXU. Seppala who is described by rivals as having 'balls of steel', was criticised by the trial judge over her ' distorted recollection of events' and for being 'prone to exaggerate'. Other staff include analyst Angela Jilina.
SISU Capital have been involved in the battle for the London Stock Exchange, Burren Energy and Southampton Football Club, who have claimed that they will speak to SISU this week.
Cheshire based, Ray Ranson will be the football face of the consortium which has bid for City and four other clubs and is expected to announce his board and a date for a Coventry City FC (Holdings) Ltd shareholders meeting later in the week as well as plans for the club.
Ray Ranson
Businesses Mr Ranson owns include football analysis system ProZone and Guernsey-based Registered European Football Finance Ltd (REEF),who were involved in funding Leeds United in 1999.
As Mr Ranson has no career in football other than playing for Birmingham City and Manchester City, he currently would pass the FA standard "Fit And Proper Person" test.