League One Coventry City have revealed that they hope to finalise a deal to build a new permanent home "within six miles of the city centre" in weeks, reports BBC Sport.
They have been in administration since March, and are in a long-running rent row with the Ricoh Arena's operators.
The Sky Blues, therefore, recently agreed a groundshare at Northampton's Sixfields Stadium for three seasons.
But in a statement, the club said it hoped to finalise the deal to build a new ground "within eight weeks".
They have not given the exact location of where they are hoping to build their new ground and say they have entered talks on a second site.