Coventry City Football Club have confirmed they will build a new stadium in the Coventry area over the next three years.
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."
The sale of Coventry City has been completed, but the Football League still needs to decide on its future
Members of the Sky Blues Trust, a supporters' group, have given a letter to the club's administrator.
Sources at Coventry City say the club is in ‘advanced talks’ with Walsall over plans to temporarily play at Bank's Stadium.