The club has a responsibility to supporters to make sure the Sky Blues have a long-term home. Doing nothing is simply not an option.ACL manage the stadium on behalf of its joint-owners, Coventry City Council and the Alan Edward Higgs Charity. Given the current position with the Ricoh Arena, we have had also to make contingency plans to fulfil our fixtures on an interim basis, while we begin to deliver the long-term vision. That process is also well under way.Coventry City FC Ltd was put into administration in late March with debts of £60m, resulting in the deduction of 10 points which effectively ended hopes of promotion to the Championship.Coventry moved into the 32,000 capacity ground in 2005 after leaving Highfield Road, their home for the previous 106 years.However, the club is currently the subject of a takeover bid by a consortium backed by American tycoon Preston Haskell IV.In March, the club agreed a short-term deal with ACL to complete the League One season at the Ricoh Arena despite the ongoing dispute.The rent dispute has overshadowed events on the field for most of the season and Fisher said: "The ongoing legal issues have prevented us from talking about this major development until now.
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