The speculation and uncertainty sparked by today's reports could well affect property prices for those who live near the site in Warwickshire.
That is why the council issued the clarification, in the interest of its residents.
Many will be understandably anxious that a large stadium is about to be built next to where they live.
Sources connected to the property developer working on behalf of the Sky Blues are suggesting that a statement will be made tomorrow, confirming that the club have bought a deal to buy Brandon.
However, for a stadium in Brandon to become a reality, Coventry would have to get planning permission from Rugby Borough Council.
Why then, has the club, or a representative of the club, not been in touch with the council to check the viability of the project?
Buying the site without checking beforehand (a process which can be done for free and in secret), would appear to be an extremely risky thing to do.