Whilst an exact site has yet to be agreed, its proximity will be on the agricultural field area of the University of Warwick campus.
Pictured: outdated, concept art for a new Coventry City FC stadium, designed by AFLS+P Architects in 2013.
Coventry City Football Club and the University of Warwick have announced that they have commenced planning for a partnership, which will see the University provide land to the Club for the development of a new stadium.
Whilst an exact site has yet to be agreed, its proximity will be on the agricultural field area of the University of Warwick land, on its main campus at the southwest edge of Coventry.
The Club will own and be entirely responsible for the cost of the stadium and its operation; equally, the Club will receive all stadium revenues it generates.
The news will no doubt be welcomed by fans, after a period of uncertainty surrounding the future location of the football club.
Both the University and the Coventry City FC have expressed their commitment to a visionary, environmentally friendly stadium, especially in terms of materials, energy, noise, building and access.
Planning appears to still be in the very early stages, and so specific designs have not yet been proposed or released.
“We envision supporters arriving at the stadium through a new light rail station at the ground running alongside a new link road,” said Coventry City FC in a statement.
Though this will require significant discussion and partnership work with all surrounding local authorities, the West Midlands Combined Local Authority and the LEP to ensure the funding and support is there to provide infrastructure.
The Club and the University have both said they wanted to make fans aware of this exciting new development as soon as possible and hope that in doing so, it will pave the way to many discussions needed with a range of partners to progress this project.
The Club and the University do not expect to issue any further joint statements on this initiative until there is significant news, which is not expected to be anytime soon.