Coventry owners SISU have admitted they are to leave the Arena Coventry Limited owned Ricoh Arena, but have yet to announce a possible venue for their home games.
Walsall Football Club have already rejected suggestions of a deal being done but have yet to deny that negotiations have taken place.
According to ITV Central reports this evening, Walsall and Coventry City remain in contact, as we reported earlier this month and throughout the final weeks of last season, with a three-year deal reportedly close to completion, although City are also believed to be negotiating with other clubs in the region and hope to announce a deal in the near future. According to an ITV Central journalist, senior sources at Walsall FC have held talks with Coventry City about groundsharing, however a deal is yet to be agreed.
Coventry have already announced plans to build a new stadium on the outskirts of the city which will take three years to complete, club owners SISU are confident they can afford the new stadium and that it can ‘pay for itself’. Other facilities designed to bring in revenues would be built on the site. It is claimed the majority of matchday profits, (food, beverage, parking etc), would be spent on the playing squad.
According to BBC Midlands Today, Walsall Football Club have this evening denied they have agreed to a groundshare deal, they again did not deny negotiations have taken place.