Coventry council firm bids for Sky Blues

The firm which owns half of the Ricoh Arena has made a bid to buy Coventry City.

Arena Coventry Limited, which runs the stadium, is 50% owned by Coventry City Council.

The company has confirmed to ITV Central News that it has put in an offer to purchase Coventry City FC Ltd, the part of the club which is in administration.

"Making a bid for CCFC Ltd has always been an option available to ACL. Such a move would have a beneficial impact of uniting ownership of the stadium with ownership of the football club, and ensuring that the Sky Blues can continue playing in Coventry for many years to come."

– Arena Coventry Ltd

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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'.