Coventry City have announced that they have agreed terms on a potential new stadium site.
The League One side had to leave the Ricoh Arena earlier this year due to a dispute with the venue's owners and have since agreed to play their home games at Northampton Towns' Sixfields Stadium for the next three seasons.
The club's chief executive Tim Fisher said in a statement: "We completely understand the pain the groundshare is going to cause our supporters but we have a clear path to return to the Coventry area.
"We are under no illusions at just how tough it is going to be for the next three years but there is absolutely no question that Coventry City Football Club's long term future is in this area.
"Once we have agreement on a site, we will begin a consultation process with our supporters because we want this to be their home, a home that everyone can be proud of."
The Sky Blues hope to finalise a contract for the site, which is within six miles of Coventry city centre, in the next eight weeks.
