Coventry have made an undisclosed offer to Cambridge United for out-of-contract striker Robbie Simpson.
The 22-year-old has been considering Cambridge's offer of a new deal.
If he agrees to join Coventry, the U's will receive a fee as he is under 24 - and if the clubs cannot agree a fee, a tribunal would decide compensation.
"We made an offer, but there is some distance between the two clubs and it looks set to go to tribunal," boss Iain Dowie told the Sky Blues' website.
Simpson, who scored 17 goals in the Conference last season after joining the U's from Cambridge City, is studying sports science and maths at Loughborough University.
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