Under Ranson, City have slashed their wage bill and the days of players getting £10k a week are over.
"If we get any big bids, we will turn them down," said Ranson to the CT. "The problem we have at Coventry City is not the offers we get it is the wages these clubs can command.
"If an Everton or Manchester City come in for a player and they are offering £30-£40k a week, we can't compete with that and that is the issue we may be confronted with not the transfer fee."