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Coventry City FC sale complete

The administrator for Coventry City says the sale of the club to a company connected to its current owners Sisu has been 'completed'.

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Ricoh Arena release statement

The owners of the Ricoh Arena have released a statement as fans gather in Coventry to meet the Administrators of Coventry City.

“We are disappointed that, over the last eight weeks, the Administrator has not been able to find the answers to some of the key questions connected to this administration – not least the location of the “Golden Share. Potential buyers, key local stakeholders and most importantly of all, Sky Blues fans, will be disappointed by the lack of clarity they still face over the future of the Club."

“However, over the last few days we have had the opportunity to meet the Administrator, and believe we can help him resolve some of these big issues, particularly in connection with the Golden Share. We hope that with our assistance, the Administrator will soon be able to bring more clarity to this situation."

“ACL has always been clear that we want a thriving Coventry City Football Club playing in Coventry at the Ricoh Arena. Our doors remain open to the Sky Blues and we look forward to the speedy resolution of these issues to ensure they can stay where they belong.”

– Arena Coventry Limited, Statement

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