Mr Dhinsa who messed supporters about with a meeting on the first weekend in July said that he was willing to pay a nine figure sum for the club (a minimum of £100m of which he would be the majority sharehholder putting in between £25m and £30m.
He would have a hands on role but in the long term would put someone in as Chairman and become a non-executive director.
Although he could not put a figure on what he would spend,the Asian businessman admitted that he would be looking for a defender,midfielder and striker to make up the spine of the team.
He would buy the Arena but not until it is finished but said that that was not the only reason for his interest in the club and everything was on schedule to buy the club next year.
Dhinsa, who last saw City lose 2-1 to Arsenal three years ago, added that whilst the delay was unsettling for Mike McGinnity,it was not for the club and should have no bearing on how the team plays.
He admitted to not enjoying queueing up for tickets (does he not know that tickets can be bought via credit and debits ccards? ED) or the routine involved in attending a football match.
He claimed he was passionate about Coventry and the city and he was not doing it to make money.
He stated that this was a serious bid aimed at injecting finance into the club and moving it forward. Although he is to be the major shareholder, four Russians (two based in the UK) would be involved but he thought that the supporters do not need to know their identities (wrong again.ED).
He has tried twice to arrange a meeting with Mike McGinnity but had not heard back from the current Coventry Chairman.
He wants Premiership and European football but is prepared that the current board may not accept his bid to buy the club. He has plans for supporters and on showing what they have to offer he is confident that the supporters will support him.