"This is an opportunity for a new start for the Club, the city, and our fans."
Coventry City has published a statement this morning confirming that they intend to submit a bid of £25m for the CBS Arena.
This is subject to conditions but they've said they have the necessary proof of funds available.
The statement said: "Coventry City can confirm it intends to submit a bid of £25m for the CBS Arena (subject to confirmatory due diligence) and has the requisite proof of funds available.
"We will be represented in this morning’s court proceedings and would welcome clarity on the administration process.
"CCFC’s bid is the only one which can guarantee that the Sky Blues can continue to play home games in Coventry over the long term.
"This is an opportunity for a new start for the Club, the city, and our fans. We must grasp it."
Leicestershire County Council elections in May will go ahead
Around £70,000 awarded to local projects in latest round of Charnwood Community Grants
New Walks at Bradgate Park- First Friday of every month!
Brand new website pairs residents with carers
Gates Garden Centre to open in Stapleton
Council wins top award for Armed Forces support
Four Leicester Tigers in England squad for Six Nations tournament opener
Next phase of work to replace 90-year-old bridge to begin
