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The time has come for Sisu to put Coventry City up for sale.

The departure of executive vice-chairman and managing director Chris Anderson is not going to turn around the fortunes of the Sky Blues.

After less than a year in the post he cannot take much of the blame for the shocking state of this once proud club.

Time is running out on both the rent deal at the Ricoh Arena and the agreement for the Academy to play at the Alan Higgs Centre.

After dropping out of the Championship, a fifth season in League One has brought the Sky Blues to the foot of the table, their lowest ebb since the 1960s.

Fans’ group the Sky Blue Trust wants the owners to come up with an action plan to turn the club around, or put the club up for auction - effectively telling Sisu to put up or sell up.

But after nine miserable years of failure and mediocrity and the departure of another executive after less than a year in the job, is there anyone out there who has any faith in the ability of Sisu to bring success to a club that hasn’t had a top-six finish in any league since 1970?

The rot set in at the Sky Blues long before Sisu took over but the club has sunk to a new low since they plucked it from the jaws of administration in 2007.

Seven managers, one relegation, £60million invested and a season playing in Northampton later, the club’s revenues have more than halved, crowds have dwindled and the owners are at loggerheads with various parties with whom the club needs to collaborate.

We are sure the owners and club directors (of which there have been many) have had good intentions over the last nine years. None of them were actively trying to get to this distressing point in the club’s history so why should fans wait for another strategy when so many have failed?

Saturday’s attendance was 8,813. The fans are voting with their feet.

Football is a results business and failure is not tolerated, just ask any of the managers City have sacked in the last decade.

Thank you for rescuing the club from administration. Thank you for the money you invested - but now is the time to go.