Coventry City Secures Ownership of Coventry Building Society Arena
Chairman Doug King describes the acquisition as a 'statement of ambition', ensuring long-term stability for the Sky Blues.
Club Takes Control of Home Ground
Coventry City Football Club has finalized the acquisition of the Coventry Building Society Arena from Frasers Group, marking a pivotal moment in the club’s history. Club chairman and owner Doug King said the deal ensured security "for the present and future generations" of supporters.
Safeguarding the Club’s Future
This purchase, timed to coincide with the arena’s 20th anniversary, delivers "long-term stability," King added. He thanked fans for their unwavering loyalty and expressed pride at finally owning the stadium built for Coventry City.
Ambitions and Next Steps
While exploring plans for a new 40,000-seat venue at Butts Park Arena, King faced doubts over feasibility from Coventry Rugby Club leaders. The agreement to host matches at the CBS Arena was due to expire in 2028.
Since leaving Highfield Road in 2005, the Sky Blues have endured four stadiums and multiple changes in ownership. Now, the club can invest in facilities, fan experiences, and community projects.
Fan Reaction
Mark Smith, co-host of the All Things Sky Blue podcast, called the news "monumental," anticipating stronger recruitment and a push back to the Premier League.
Owning the CBS Arena secures Coventry City’s legacy, enabling investment in infrastructure and strengthening ties with its community.
This topic was reported by BBC News
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