Coventry City CEO Tim Fisher has said that he is pleased plans to rent Northampton Town's Sixfields Stadium have been approved by the Football League.
In a statement, he told the club website: “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. Building a stadium that is ours in the Coventry area and which will generate revenues we can put on the field of play is necessary to ensure the club can succeed under the FIFA Fair Play Rules.
“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.”
“Over the last month or so – through a series of forums – we have made it clear this move is not a game of brinkmanship or a negotiating strategy - it is the only credible option. If our plans did not show a clear path for returning to the Coventry City area they would not have been approved by the League.
“The Club and its owners acknowledge the support of the League, Northampton Town FC and the Northampton Borough Council for working constructively to provide a port in what is hoped will be a temporary storm. We are currently working on detailed ticketing and travel plans to take into account the inconvenience caused to supporters by this move and will provide further information very shortly."
Full story: http://www.ccfc.co.uk/news/article/club-statement-on-fl-decision-901975.aspx