Former Coventry vice-chairman Gary Hoffman could inject £30million into the club.
Sky Blues could be set for a major windfall
Former Coventry vice-chairman Gary Hoffman has signalled that he and his investors are willing to inject £30million into the club.
The Sky Blues are currently experiencing financial hardship and current chairman Ken Dulieu is known to be searching for investment.
Hoffman left the board over differences about how the club is run, but is now willing to put any issues with Dulieu to one side for the benefit of the club.
If the talks are successful, it could provide manager Andy Thorn with a substantial war chest ahead of the new season.
"I will be going to Gary but this isn't about one individual," said Dulieu.
"There are a number of other investors. My job is to listen to anybody who has proof of funds and prepared to invest.
"We've managed to get substantial sums out of them [current owners SISU] and they're prepared to continue funding this club."