Arena Coventry Limited Interim CEO Jacky Isaac has said that ACL could survive without Coventry City playing at the Ricoh Arena.
Speaking to the Coventry Telehraph's Keith Perry, Jacky Isaac said: "We would like them to pay but we are a strong business and football is a tiny part of what we do. We are a strong, ongoing business.
"We'd rather have the football club playing here but yes, it can surive.
"We would like them to be playing here and it is very sad we have to do this but it is down to SISU.
"i used to work for the club and I feel very sad for all the people who work for the club. I feel genuinely sad for the fans and the people at the club.
"We would like to reach a negotiated settlement and have the club playing here."