Wednesday, 31 October 2007, 06:33 GMT
Struggling Coventry ponder offers
The Coventry board is considering two offers to help the cash-strapped club out of its financial crisis.
The Sky Blues are about £30m in debt and chairman Geoffrey Robinson and managing director Paul Fletcher resigned earlier this month.
But City's board met on Tuesday to discuss the proposals and a further announcement is expected soon.
US-based Manhattan Sports Capital Partners Limited recently withdrew their interest in taking over the club.
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New City chairman Joe Elliott told the BBC on Sunday the club could go into administration in the new year unless a buyer or major new investment is found.
And the Football League has imposed a transfer embargo on the club after an instalment payment to Southampton for the transfer of Leon Best was missed.
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