This has been taken from a fans forum on Facebook and reposted by a number of Coventry City supporters:
"Fingers firmly crossed. Cue the party! SISU OUT has started, On Friday afternoon there were several meetings held and one particular meeting between Gary Hoffman, Joe Elliot and two others the plans were finalised for the proposed offer to buy out SISU, this offer was formally handed to SISU yesterday and in principle has been accepted although a few things need tweaking over the next few days,
There is no big foreign money men this is Coventry fans who have done well in bus...iness and the buy out funding will be made up of up to four local buisiness men and Gary Hoffman,
The photos show the meeting taking place and the piece of paper Gary Hoffman is holding was captured and all details were readable, They have been blurred on post due to sensitivity of legal document,
To cut a long story short SISU are Off and CCFC are 100% staying at the Ricoh as Wasps are happy with proposals and will welcome the new owners with open arms. There will no doubt be haters who will not believe this as they want to hate on anything and everything.
The Coventry Telegraph's Simon Gilbert has written:
"I can tell you categorically there has been no offer for CCFC from Hoffman and Elliott to Sisu, let alone a bid accepted. Rumours are false"