We are very pleased that the Football League has found our plans acceptable. Nobody wanted this day to come but we feel we have no choice but to take this course of action and that the only credible future for the Club now lies in owning its own stadium.
If there had been an economic option which would have allowed us to stay at the Ricoh we would have pursued it. There was no proposal on the table in time for us to make realistic plans for the coming season. We could not wait any longer.
The approval by the Football League means Coventry City will play their homes games at Northampton Town's Sixfields Stadium for an initial period of three seasons.
ITV News Central has been told that secret talks between Coventry City and the Ricoh Arena to try to keep the club in the city have failed.
If Coventry is going to buy land to build a new stadium just outside the city, why has it not spoken to council bosses yet?
Why is the Ricoh Arena threatening to sue Northampton Town?