Coventry City boss Steven Pressley accepts mid-table tag

Coventry boss Steven Pressley believes predictions of a mid-table League One finish for his team are fair.

The Sky Blues started last term on -10 points because of administration, and finished just five above the drop zone.

"Financially we're mid-table, but that doesn't mean we can't challenge clubs with greater resources," said Pressley.

Meanwhile, the club's owners have said they want to negotiate a return to the Ricoh Arena, after playing last season at Northampton's Sixfields Stadium.

Coventry City's summer signings

Goalkeepers: Ryan Allsop (loan), Reice Charles-Cook

Defenders: Reda Johnson

Midfielders: Jim O'Brien, Danny Pugh, Danny Swanson

Forwards: Mohamed Coulibaly (loan), Josh McQuoid (loan), Shaun Miller, Marcus Tudgay

It follows a decision by the Football League that the club should pay Arena Coventry Limited £470,000 in unpaid rent.

Coventry's 'home' attendances for 2013-14 rarely went above 4,000, with fans instead opting to travel away in greater numbers.

Under current plans, they will be exiled until at least 2016.

This summer there have been 10 new arrivals, largely funded by the big-money sale of top scorer Callum Wilson to Bournemouth.

"I think resource-wise there are clubs spending a lot more money than us," Pressley explained to BBC Coventry & Warwickshire.

"Leyton Orient, Barnsley, Sheffield United and Bristol City are all having a real go financially this summer.

"But I've been pleased with how we've adapted to 3-5-2 in pre-season and I have really big hopes for us this season."