Mike Ashley completes purchase of operating companies who run the Coventry Building Society Arena in blow to Coventry City
Mike Ashley has completed the purchase of operating companies who run the Coventry Building Society Arena, despite a late bid from Coventry City.GettyAdvertisementThe 32,609-capacity stadium had been run by Arena Coventry Limited since it opened in 2005 and was owned by Rugby Union team Wasps, who have gone into administration.If accepted, that would have seen the stadium come under the ownership of the Championship club, but Ashley had other ideas.
Ashley’s Fraser Group were named as preferred bidders for the stadium and had until today [Thursday] to complete the purchase due to a period of exclusivity that they held. While new Coventry owner King was hopeful of purchasing the stadium, a court has heard that their £25million offer came too late with Ashley now the owner of the three businesses who run the CBS Stadium.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Coventry City planning £25m bid to purchase CBS Arena amid takeover breakthroughCoventry City intend to submit a bid of £25million to purchase the CBS Arena and have proof of funds available, according the club. The 32,609-capacity stadium has been run by Arena Coventry Limite…
Lire la suite »
Notts theme park's Christmas event returns with new arena'The arena is a one-stop-shop for all things Christmas'
Lire la suite »
Ian Wright breaking new ground as work starts on the 'Rocky and Wrighty Arena'Ian Wright breaking new ground as work starts on the 'Rocky and Wrighty Arena' by Hindsight4Sport
Lire la suite »
I'm A Celeb stars before fame from Mike Tindall's hair to Sue's transformationThis year's I'm A Celebrity... Get Me Out Of Here! contestants have become familiar faces on our TV screens, but before finding fame, some campmates looked very different
Lire la suite »
Belfast traffic warning ahead of Disney on Ice showsDoors at the SSE Arena will open one hour before the show's start time
Lire la suite »