Last Updated: Thu, 13 Jun 2013 17:05
Four bids have been lodged for Coventry City Football Club Limited, the joint-administrator has confirmed.
Interested parties had until noon today to submit their best and final offers for purchase of CCFC Ltd's assets, coming after Friday's deadline for indicative offers which was understood to have attracted half a dozen suitors.
Joint-administrator Paul Appleton will now evaluate each confidential bid before making his recommendation on the most suitable as soon as possible.
"Following today's deadline for final and best bids for CCFC Limited, I can confirm I have received four bids," read Appleton's statement.
"I will obviously now take time to consider these bids before contacting the bidders with my final decision on a preferred purchaser.
"There will also be discussions with the Football League as part of this process."
The Sky Blues and Arena Coventry Limited (ACL), who run the Ricoh Arena on behalf of joint owners the Alan Edward Higgs Charity and Coventry City Council, have been involved in a lengthy and bitter rent row which has been ongoing for around 16 months.
Subsequently the npower League One outfit, under hedge fund owners Sisu, in March placed the non-operating subsidiary (CCFC Ltd) into administration, although Coventry City Football Club (Holdings) continues to operate.
Holdings, or a related company, are reported to be one of the bidders interested, while ACL - who have handed CCFC Ltd the opportunity to play at the Ricoh Arena rent free next term - have also shown an interest, but it is not known whether final offers have materialised.
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