According to the Coventry Telegraph, the consortium involving Gary Hoffman have tabled a 'much improved bid' for Coventry City FC.
The consortium have had one bid rejected and have tabled a new bid which includes an element of fan ownership, which many City supporters would relish.
Gary Hoffman is quoted by the Coventry Telegraph as saying that this bid will be difficult to turn down.
More on this - http://www.coventrytelegraph.net/sport/football/consortium-makes-coventry-city-much-12925969