Coventry City chairman Ray Ranson has admitted his interest in bringing Wolves striker Freddy Eastwood to the club.

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Ranson, who saw the Sky Blues narrowly avoid relegation from the Championship on the last day of the season just months after taking over at the Ricoh Arena, revealed that he plans to be very active in the summer transfer market in order to turn the club's fortunes around.

When asked about Wales international Eastwood, the outspoken footballer turned entrepreneur said: "Would we be interested in signing Eastwood? Yes.

"We've got several bids on the table for players.

"It's an ongoing daily process and needless to say the fax machine is working at the Ricoh. I'm speaking to clubs and agents all the time."

However, Ranson was also clear that he would not allow manager Chris Coleman to be cavalier with the club's transfer kitty, and any new players would have to be experienced but also still have ambition, rather than looking for one final payday.

He said: "We're not going to fill a team full of babies because that gets you nowhere.

"We need a nice combination but we won't be signing 34-year-old has-beens on £25,000-a-week."