Coventry City Football Club have issued the following statement...
Coventry City Football Club can confirm they have started the process of securing a site in the local area with the intention to build a new stadium.
Chief Executive Tim Fisher said: “Everyone is aware of the situation with the Ricoh Arena and the fact that we were forced out of the stadium, and the club has a responsibility to supporters to make sure the Sky Blues have a long term home. Doing nothing is simply not an option. The ongoing legal issues have prevented us from talking about this major development until now.
"Therefore we retained stadium specialists some months ago to advise us on suitable sites for a permanent club stadium in the local Coventry area. This will involve a substantial further investment in the CCFC.
"Given the current position with the Ricoh Arena, we have had also to make contingency plans to fulfil our fixtures on an interim basis, whilst we begin to deliver the long-term vision. That process is also well underway.
"We will ensure that all the fans are kept fully informed as the situation develops and the upcoming fan meetings will provide a further opportunity for discussion."