Coventry City CEO Tim Fisher has said that if the club are to build a new stadium then they will.
The Guardian had run a story claiming that Football League Chairman Greg Clarke did not know if City would build a new stadium and replying to those claims, Tim Fisher said to the Coventry Telegraph's Les Reid: “If we say we’re going to build a stadium, then we will. We have provided clear evidence to the League on our ability to deliver on those plans. It’s not, and never will be, our intention to mislead, filibuster or posture.
“Overall, our primary objective was to fulfil our fixtures with a ground-share. People questioned whether we would proceed. We’ve done that.
“Our second objective is to develop a site to capture all the revenues from stadium.
“There was a requirement to show an amount of cash up to 40 per cent of the stadium’s full development costs.
“The rest, as is typical, will likely come from real estate borrowing.”
Mr Fisher has admitted that the club are looking at three sites. Lnd close to Warwick University is one possibility but Mr Fisher said: “We’ve had no talks with Warwick University about a stadium nearby, but everybody can see the sense of linking sport and education.”
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