Coventry City end sale row with council
The owners of Coventry City Football Club have ended legal proceedings over the sale of the Coventry Building Society Arena (formerly the Ricoh Arena) to Wasps Rugby Club.
Following a 10 year dispute between the club’s owners and the council, discussions will begin once more to create a ‘world-class football club for Coventry.’
Joy Seppala, owner of Coventry City FC, said: “Following discussions with the University of Warwick, we are now able to end all proceedings relating to the sale of the Coventry Building Society Arena.
“As we move forward with our vision, we want to draw a clear line under the past and continue to build new and strong relationships with all our partners, including Coventry City Council. We can now move forward to achieve this, and together, deliver a football club which the city of Coventry can continue to be proud.”
Stuart Croft, Vice-Chancellor at the University of Warwick, said: “We have worked closely with Coventry City FC to get to this point. I want to thank both Cllr George Duggins and Joy Seppala for their openness, collaboration, and forward-thinking.
“I’m delighted that Coventry City FC have now sought to end all proceedings and together we can move forward together towards an exciting future.
“The University of Warwick is proud to be able to support our city’s football club. Not only will this benefit the club and its fans, but the wider benefits to the city will be significant.”