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Coventry City FC will appeal stadium loan decision

Coventry City Football Club say they will appeal the judge's ruling that the council's decision to provide a £14.4 million loan of taxpayers money to the owners of the Ricoh Arena was not irrational.

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Coventry City Council 'delighted' with stadium ruling

Coventry City Council say they're 'delighted' that a judge has found that claims they behaved irrationally by loaning the owners of the Ricoh stadium millions of taxpayers money were totally invalid.

Read: Coventry City FC will appeal stadium loan decision

We are delighted that the judge has found the claimants’ grounds for bringing the JR are totally invalid.

The decision was taken in order to protect an important asset – the Ricoh Arena – which belongs to the people of Coventry. We had no choice about defending this decision in the courts..

We have taken no pleasure in finding ourselves in court defending our decision and in having to spend council taxpayers money defending a legal challenge from SISU. We have always wanted to see the Sky Blues playing back at the Ricoh, the club’s rightful home.

Our door remains open – to the football club, to anyone who wants to talk to us about the future of the Ricoh Arena. We will always listen, and make our choices based on what’s best for the city, not on what works for the interests of one group.

– Coventry City Council statement

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