Our colleague Andy Turner in Coventry has an opinion on the near thing. Click on the video above.
But Get West London understands the man sacked by QPR just over a month ago failed to be enticed by the budget available and general state of the League One strugglers.
The Sky Blues approached the former Chelsea star about taking charge as Mark Venus looks to leave the post he filled since Tony Mowbray resigned.
Interim boss Venus revealed after Saturday’s 3-1 defeat at Southend United a new manager would be installed as soon as possible. Despite the search, the club could find it hard to attract a high-profile candidate to work in the current conditions.
Former Leeds and Chelsea striker Hasselbaink is looking for work after parting company with Rs, and is understood to have spoken to Coventry owners, Sisu, in London where he was offered a deal until the end of the season.
However, it’s understood the Dutchman is not convinced by the club’s short or long-term plans and is guarded about his next move after being left disillusioned by his experiences at QPR.
The 44-year-old was appointed in December last year but won only 13 of 47 matches in charge.