One of the confirmed final bidders for Coventry City Ltd, American businessman, Preston Haskell IV has appeared to give up on taking over the Sky Blues.
Otium are a company related to the owners of Coventry City Holdings Limited – Sisu, and after Appleton’s announcement many fans took to social media to ask for the Football League to intervene and block the sale.
Fans have been speculating whether Florida-based Mr. Haskell, who’s bid had been backed by former club directors Joe Elliott and Gary Hoffman, might still make a last gasp offer to Sisu to buy the club, even though Holdings boss Tim Fisher has repeatedly insisted the club is not for sale.
Late last night, Preston Haskell IV released a statement via the Coventry Telegraph which reads:
“Over the past few months while working hard to acquire CCFC, I have developed a strong affinity with the fan base of the club.
“Of course I am disappointed by this afternoon’s decision but I am incredibly proud to have had the experience and unforeseen encouragement of a lot of dedicated supporters. I’m so appreciative of that.
“I personally met with Mr. Paul Appleton and think he and his colleagues, bound by the laws and rules of an official legal process have been very professional throughout this difficult undertaking. His job wasn’t easy but it was done according to the law, and appropriately managed.
“I would also like to publically thank the ‘good and great of Coventry’ Mr. Joe Elliott and the steadfast Mr. Gary Hoffman for their unwavering support and hard work. These two gentlemen truly bleed Sky Blue.
“Finally, I sincerely hope for the best at CCFC.”