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Councillors to decide on Ricoh Arena fate

Councillors in Coventry will make a decision on whether Premiership rugby club Wasps' proposal to take over the Ricoh Arena operating company ACL in a £30million deal.

The council currently share the ownership of the stadium with the Alan Edward Higgs Charity and would retain 10 per cent if the deal goes ahead.

The Ricoh Arena is currently the home of League One Coventry City. Credit: PA

Current tenants, League One side Coventry City, only returned to the stadium in September following a 14-month absence.

If the councillors grant the request it would leave the Sky Blues in limbo, as they may once again be homeless.

Wasps currently play their home fixtures at Adams Park in High Wycombe, meaning it would be a sizeable relocation for the club.

A decision will be made in a meeting on Tuesday at 2pm.

Football League 'dismayed' at continuing dispute

The Football League has said it is "dismayed" over the continuing disagreement between the the owners of the Ricoh Arena and Coventry City's administrators that has left the club on the brink of liquidation.

Earlier today, the owners of the Ricoh Arena, Arena Coventry Limited (ACL), rejected proposals drawn up by the club's adminstator that would of brought the club out of administration.

Coventry City are on the brink of liquidation. Credit: Nigel French/PA Wire

Football League Chairman, Greg Clarke said: "Once again, it is a source of immense frustration to everyone involved that the two parties in this dispute have failed to reach any agreement. The Board is dismayed at the level of intransigence being shown."

The association insisted that it would continue its efforts to get the parties to enter "meaningful negotiations" so that Coventry City can return to Coventry "at the earliest opportunity".


Sky Blue Trust 'appalled' at prospect of liquidation

Coventry City supporters group, the Sky Blue Trust, have said they are "appalled" at the latest turn of events which has put the club on the brink of liquidation.

The group also attacked the Football League for their perceived failure to support the supporters of the club.

The Sky Blue Trust are appalled at the latest turn of events. Liquidation poses the most serious threat to the future of our Club.

Where today's liquidation leaves our club, we don't yet know.

The Football League have not issued a verdict yet, but it has consistently failed to make decisions that have taken into account the views of the supporters and the community that sustain our Club.

– Sky Blue Trust

Former Coventry stars shocked by liquidation threat

Coventry City's former Premier League stars Darren Huckerby and George Boateng expressed their shock at news that the club is on the brink of liquidation:

Coventry 'do not understand' stadium owner snub

Coventry City administrators said proposals by Ricoh Arena owners ACL that could lead to the club's liquidation "did not comply with the law":

I have noted ACL's statement released today with some interest.

Put simply, we do not understand the comments being made by ACL with regard to the ability to put forward new proposals.

As I said in my earlier statement, the proposals ACL required simply did not comply with the law. They were offered the chance to submit modifications, which DID comply with the law, yet for reasons best known to themselves, they chose not to do so.

The Company will now proceed according to our proposals made as Administrator that were accepted by the majority of creditors including ACL.

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