Current Coventry City CEO Tim Fisher has said that the Sky Blues have left the Ricoh Arena and that plans are in the offing to build a new ground.
Speaking to Sky Sports, Fisher said when asked if there was a prospect of City playing at the Ricoh Arena next season; "None.
"People have to understand we do not posture, we do not threaten, because that is not how you do business, you only do business in good faith. Always.
"We have started the process of procuring land so that we can shift the new stadium build forward at a pace. The stadium will be in the Coventry area in accordance with Football League rules.
"We have left the Ricoh Arena. "We were told categorically by ACL and by the council that there was no commercial deal to be done and in actual fact they would only ever work with the administrator.
"We were very, very clear in our minds as to exactly what was intended. Given the position we have had to make contingency plans to fulfil our fixtures on an interim basis - while we deliver the long-term vision.
"That long-term vision has us playing in the Coventry area in a new stadium that will be designed and delivered in three years.
"All this will be in full consultation with the fans - starting with the upcoming forums. In consideration of financial fair play then we will own all the revenue streams that come from matchday and, non-matchday activities, and therefore we will have every chance of becoming a solid, vibrant club."
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