Yeovil boss Gary Johnson has turned down the opportunity to speak to Coventry about their managerial vacancy, reports BBC Radio Bristol.
Coventry asked to speak to Johnson on Wednesday
Sky Blues chairman Mike McGinnity contacted Yeovil on Wednesday evening to ask permission to speak to Johnson.
Johnson said in a statement: "I am flattered and honoured to be associated with a club like Coventry, but I have an important job to finish at Yeovil.
"My priority at this moment is to try and lead the club into League One."
He added: "I have been informed that many Coventry fans voted for me in a local poll and I would like to thank them for their support, but I am sure they can understand the reasons behind my decision.
"Over the past three years, we have worked very hard to get Yeovil Town into this position.
"I feel I have an obligation to the board, the players, the staff and the supporters to complete the job that we have all started here at Huish Park."
Chairman John Fry added: "I gave Mike McGinnity a call this morning and informed him of Gary's decision. We are all absolutely delighted and applaud the loyalty that Gary has shown to our club."