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Coventry City chairman Tim Fisher denied the club was “dying” in a BBC Radio One interview this afternoon.

The Sky Blues’ plight featured on the station’s Newsbeat programme in the wake of a series of vociferous protests calling for the club’s London hedge fund owners Sisu to put the club up for sale.

During the report, which you can listen to above, fans described Coventry City as “a dying club” and questioned how long it could survive.

But Coventry City chairman Tim Fisher denied the club, who are rooted to the bottom of League One , was dying.

He said: “No, I wouldn’t say it was a dying club. But I would say that it’s at real risk of having a downward spiral.”

In relation to the owners, he said: “Of course they care about the fans and they care about football.

“But I wouldn’t confuse caring for the football fans with wanting a break-even business.”

Radio One also spoke to supporters who feared for the future of the club and raised high profile recent protests against Sisu - including the mock funeral protests and a pitch invasion during the televised game with Sheffield United.

More than 20,000 people have signed a Telegraph petition calling on Sisu to put the Sky Blues up for sale , and more protests are scheduled to take place.

Sky Blues fan George Baker, 19, was one of those interviewed for the report.

Asked what he wanted Sisu to do, he said: “Leave the club to better owners.”

He added: “Obviously in my heart I don’t want to say it but, with no investment, it’s only going to be a matter of time before perhaps we do fold.”

Radio One, which reaches an audience of almost 10million people a week, said it tried to get in touch with Sisu but did not get a reply.

Sign the Telegraph's petition here .