Two potential stadiums are taken into account. What seems less and less probable is the team staying at the current location. They simply cannot afford it, BBC reports.
Atmosphere around Ricoh Arena has been thickening recently. Coventry City attempted to buy the venue from Arena Coventry Limited (ACL), but talks fell through. At the same time Sky Blues have refused to pay their rent, claiming it's too high. To date City owe ACL some £1.1 in arrears. ACL gave City a Boxing Day deadline to pay, threatening to submit winding-up petition.
The club also want to change other conditions of their tenancy at Ricoh Arena, including revenue shares. Currently all matchday revenues go to ACL with the club not benefiting from their 10,500 average crowds.
This is why possible relocations stadiums are being examined. Two venues have been disclosed so far, both with capacity significantly below Sky Blues' current crowds: Nene Park in Irthlingborough (6,441) and Greene King Stadium (4,329).