According to Free Radio's Darryl Murphy, a deal has been agreed between the Alan Higgs Centre Trust and Coventry City.
Mr Murphy has tweeted: "Higgs Centre say they've agreed a deal with Coventry City BUT they want club to pay £12,000 it owes for repairs.
"Higgs Centre say Coventry City have only said they will 'look' at the £12,000 bill for damage to facilities.
"Higgs Centre say they've got a signed agreement which says the club should pay for repairs and at the moment - Coventry City only want to use their facilities until 30/06/2013,
"Higgs Centre say new contracts also need to be drawn up re: insurance. Only academy players registered to CCFC Ltd were insured on site. Now it appears players were always with CCFC Holdings Ltd.
"Higgs Centre say if they can do a deal, @Coventry_City's Academy is still welcome there."
Source: Coventry MAD