"We knew when we started the process of looking for a new manager that the deadline on our accounts was imminent, but our process continues," Development director Steve Waggott said.
"Everyone knows that there are key off-the-field matters here at Coventry City but we have been working as hard as we possibly can behind the scenes to mitigate the effect they can have on the pitch."
"We have kept all of the shortlisted candidates informed," added Waggott.
"And we have kept (caretaker boss) Lee Carsley fully briefed too because that is the right and proper thing to do.
"The important thing is that, whoever is manager of the club between now and the end of the season, they have the best possible squad available to make it a successful one."