'Number of investors' set for City talks?
Coventry City chairman Ken Dulieu has said that Gary Hoffman is just one of a number of potential investors he will be speaking to after confirming that club owners SISU will continue their funding until the end of the current season.
Dulieu believes he has convinced SISU that the supertanker that is the Sky Blues can be turned around to achieve break-even status or better and get the beleagured owners some of their money back.
'As long as we perform, and that's not just me, I believe they will continue to do so (invest),' he told BBC Coventry & Warwickshire, 'because they don't particularly want to lose their money.
'They'd quite like to get it back.'
With outgoings now cut to the bone following the summer departures of high earners such as King, Westwood, Gunnarsson and Carsley, hopes are now pinned on Andy Thorn being able to conjure up a silk purse from a sow's ear and get his side challenging for a play-off place.
Dulieu's statement can be looked at with a glass half-full or half-empty and given the track record of broken promises from the Coventry City boardroom over a number of years (and not just from SISU) it is not surprising that most fans will feel it is the latter.
But with the current state of the football economy making Greece look prosperous, having a guarantee of funding until the end of the 2011/12 season could actually put us in a better position than many.
Agree? Disagree? Add your comments below on the current Sky Blues situation.
Win FREE pizza with Vital Football!
Select your team and get 50% off if they score twice.