The Chief Executive of Coventry City says the club has left the Ricoh Arena and a new stadium will be built in the city, which will take around three years to complete.
After a long running row over unpaid rent, Tim Fisher released a statement saying a groundshare deal is being drawn up while Coventry's new home is built.
Michael Orton from the Sky Blues Trust, doesn't welcome today's statement from the club.
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.