Arena Coventry Limited bid to buy Coventry City FC assets

Coventry City Football Club are tonight a step closer to playing at the Ricoh Arena next year after its owners said they could use it rent-free.

ITV News Central has also learned that Arena Coventry Limited, who own the stadium, have made a bid to buy the club's assets from the administrator- a controversial move given it was their application to the courts for unpaid rent which resulted in the club going into administration.

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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'.