Coventry Cycle Speedway Club has ruled out any return to Premier League racing for either 2012 or the foreseeable future after the announcement of an Elite League and Premier League dual top tier structure for next season.

With both East Newport, and just this week, Sandwell dropping out of the Premier League, the final places for the league have yet to be confirmed. With former members Norwich also declaring that they need a period to build up their assets, it means that at least two new clubs need to declare their intent for major league racing in 2012 but Coventry have also ruled themselves out.

The Hearsall Common club has only just returned to activity since May 2011. Since then, the club have enjoyed over 15 junior team matches, staged several senior team matches, successfully hosted a round of the Eurovets and staged the Coventry Junior Final to a packed house.

But club chairman Dave Foster immediately moved to dispel rumours, commenting: "We are delighted to be back and it means a great deal to the senior members of our club that we have pulled off such a wonderful revival, together with our many new junior riders and their volunteering parents. But we need time to build things up again, there is so much to do off track with our club structure, our administration and coping with our increasingly popular Wednesday club night."

"Our aim is to concentrate on our 12 or so new juniors and get them into the BJ&YL league next year and work with others, including British Cycling, to attract and retain even more youngsters. We are also working hard, with Track Manager Rob McGuire leading, in securing grants to replace the safety fence and to minimise recent problems at the track caused by Model Car racers.

Foster concluded: "Whilst it’s nice to be mentioned in these circles, and there is no doubt that by the end of tomorrow we could find sponsorship and work to either fly several Polish riders in for the season or to contribute to travel costs for UK signings, it’s simply not sustainable in the long run."