The companies which own the CBS Arena have applied for administration but the stadium will remain open.
A statement from Arena Coventry Limited (ACL) has confirmed a preferred bidder has been identified.
It is a relief for Coventry with the Sky Blues hosting Wigan and before the season breaks for the World Cup on November 12.
The CBS Arena will remain open despite the companies owning it applying for administration
Wasps, who also play at the stadium, went into administration last month and betmatik giris have been suspended and relegated from the Gallagher Premiership.
‘Arena Coventry Limited (ACL), Arena Coventry (2006) Limited and IEC Experience Limited have confirmed that they have applied to the Court for the Companies to be placed in administration,’ a statement on their website read.
‘We anticipate that the administration orders will be made in the forthcoming weeks.
‘The Companies and the proposed administrators from FRP Advisory have run an accelerated sales process to sell the business and assets of the Companies and have identified a preferred bidder.
A preferred bidder has been identified to take over the running of the CBS Arena
The stadium remaining open is good news for Coventry as they still have somewhere to play their home games
‘The Arena will continue to trade as normal.We would like to thank all the working parties involved in helping the Companies get to this stage and we are delighted that the doors will remain open to this flagship venue.
‘Arena Coventry Limited (ACL) has confirmed further updates will be provided in due course.’
The Sky Blues beat Blackburn 1-0 at the Arena on Tuesday to climb out of the Sky Bet Championship relegation zone.They had been exploring alternative arrangements ahead of the game before it went ahead.