Espanyol snubbed in Hedman approach
By Philip Seery
Last Updated: 01/01/70 1:00am
The 29-year-old has grown frustrated with life in Division One and wants to leave the Midlands club but Coventry declined Espanyol's suggestion of a loan deal with a view to a permanent move.
"We met with a representative of Espanyol, who made a derisory offer for Magnus," Chief Executive Graham Hover told the club's official website.
"They initially wanted to take him on loan with a view to a permanent move, but we have stressed this is not acceptable.
"We underlined from the start that we would not be prepared to accept less than the true value of any Coventry City player and we stand by that.
"If Espanyol come back with a suitable offer, we will be prepared to talk to them.
"But until then, Magnus Hedman will remain at Coventry City."
Cash-strapped Espanyol are now unlikely to make further enquiries about the talented Swede who has shone for his country in the Far East.
The Spaniards were also thought to be keen on Arsenal custodian Alex Manninger, 25, but were put off by The Gunners' asking price of é¼1.7 million and a ten percent sell-on fee.