Coventry City CEO Steve Waggott is delighted that Coventry City are returning back to the Ricoh Arena.
Mr Waggott said in a statement: “We are delighted to get this deal done and I am sure every supporter of Coventry City will be thrilled with this news.
“We are under no illusion what a difficult 12 months it has been for the supporters and that was uppermost in our thinking as we worked to get this deal done.
“There has had to be compromise on both sides and the commercial details of the deal will remain confidential.
"The support and guidance from the Football League, and especially from Chief Executive Shaun Harvey, throughout our discussions was a key factor in achieving the aim of reaching this agreement and getting the football club back to Coventry.
“Now it is all about looking forward to a really exciting season back in the community and with a real chance of success."