Coventry City FC sale complete

European MP for the West Midlands, Nikki Sinclaire, is meeting with the Football League later this month, after Coventry City fans contacted her 'out of desperation'.

The MEP is inviting fans to submit questions for her to take to the meeting next Wednesday in London.

Fans are unhappy with Coventry City being moved to another Midlands club while a new stadium is built.

The administrator for Coventry City confirmed last week that the sale of the club has been completed.

SIsu, who have controlled it since 2007, were selected as the preferred bidder for the Sky Blues, which has got debts of around £70 million.

A group of Coventry City fans have held a protest today to demand that the club stays in the city.

Current owners Sisu are planning on moving the Sky Blues to another stadium in the Midlands whilst they build a new ground.

Earlier today, members of The Sky Blue Trust unveiled a statue of Sisu boss Joy Seppala, to show they're against the proposals.

The administrator for Coventry City says the sale of the club to a company connected to its current owners Sisu has been 'completed'.

More to follow...

The administrator for the part of Coventry City which is in administration has acknowledged the outcome of a bidding process for a part of the club, may not be popular with some supporters.

Otium Entertainment Group Limited, a company connected to the current owners Sisu, has had a bid accepted.

Sisu have been involved in a long running row with the Ricoh Arena over rent costs.

The company has said it is planning to move the Sky Blues out of Coventry, whilst it builds a new stadium.

The administrator for the part of Coventry City which is in administration has said the bid put forward by Otium Entertainment Group Limited was 'substantially more' than the three other offers received.

The company is connected to Sisu, who took over the Sky Blues in 2007.

The administrator for Coventry City FC Ltd has said a bid has been accepted from Otium Entertainment Group Limited. This company is connected to Sisu, the current owners of the football club.

More to follow...

The company which runs the Ricoh Arena, is no longer trying to buy the part of Coventry City which is in administration.

ITV News Central has been told that Arena Coventry Limited, which is half-owned by Coventry City Council, has not put in a 'best and final' bid.

The company earlier this week put in an indicative bid for Coventry City Ltd but has since pulled out.

Four final offers have been put forward for the company.

Two of those are understood to be the the Sky Blues' current owners Sisu - and American property tycoon Preston Haskell IV.

ITV News Central understands the current owners of Coventry City have put in a bid to buy the part of the club which is in administration.

Sisu are among four parties who have entered bids for Coventry City FC Ltd, ahead of a deadline set at 12pm today.

A consortium led by Preston Haskell IV, an American property tycoon, has also put forward a 'best and final' bid.

Sisu took over the Sky Blues in 2007 and owns another part of the club, Coventry City Holdings Ltd.

The hedge fund are planning to move the club out of Coventry for three years whilst they build a new stadium.