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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The Coventry City stadium row explained

A judge has ruled that Coventry City Council did not act irrationally by loaning more than £14million of taxpayers' money to the company which runs the city's Ricoh Arena - a company in which the council itself is a shareholder.

The loan was needed after SISU, the owners of Coventry City Football Club, stopped paying rent on the stadium, saying it was too high. SISU claimed in court the council loan was equivalent to state aid, and was unlawful. Andy Bevan reports.

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