King's Lynn Stars will confirm on Monday whether they plan to race at Elite or Premier League level for the 2011 season.

The sport's governing body, the BSPA, issued a statement on Saturday stating reigning top flight champions Coventry and Peterborough will not line up after failing to declare their intention to compete at the recent promoters' AGM.

King's Lynn have been strongly linked with a step up to the Elite League as a result - amid fears the sport's lucrative television deal with Sky could be under threat unless the Elite run with eight clubs.

The BSPA's latest statement on Saturday read: 'British speedway's Elite League will have a new look in the 2011 season. The British Speedway Promoters' Association can confirm that both Coventry Bees and Peterborough Panthers will not be taking their place in the top flight after they failed to declare their intent to compete in the 2011 Elite League at last week's AGM.

'The Association can confirm, however, that the future of the league is secure and the full line-up for the 2011 campaign will be unveiled on Monday at midday.

'Birmingham Brummies have already confirmed they will be making the step from the Premier to Elite League in an exciting move for the sport.'

Lynn had initially been confirmed as a starter in the Premier League for 2011 following the annual gathering, but issued a statement on Friday afternoon to clarify the club's position.

It read: 'We are sorry for any confusion or concern that may have been caused over the past few days. The club will be in a position to confirm team news on Monday at 12pm when a full press statement will be issued.'