Concern for Cov over the Arena’s future

By Chris Dunlavy

Coventry City fear being locked out of the CBS Arena for Tuesday night’s Championship clash with Blackburn Rovers.
Wasps, the rugby union side who own the stadium, entered administration two weeks ago and immediately ceased trading. Arena Coventry Limited (ACL), a separate company which runs the stadium, has now been given until tomorrow to find a buyer or it, too, will be placed into administration.
Bondholders, already owed £35m by Wasps, have been asked for “additional funding” to continue marketing the CBS to potential buyers and were warned in a letter from ACL that ...

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