SISU are to officially announce that they will fund Coventry City until then end of next season.
According to the CT, Ken Dulieu and his current board members have been able to persuade to invest more money in the club, although exactly how much and what money if any will go towards players is yet to be revealed.
Despite having the backing of the supporters, it does mean that the current board now appear to have finally rejected the offer from Gary Hoffman.