Coventry City Football Club has signed a new licence agreement with Shirebrook-based Frasers Group in order for the Club to continue to play home games at the Coventry Building Society Arena.
It comes after the Club was served an eviction notice following Frasers Group’s acquisition of the stadium from administrators in November, which the Club said came with the presentation of a new agreement with new commercial terms, without any dialogue or negotiations, that were less favourable in comparison to the Club’s prior long-term licence.
At the time Coventry City said: “We were surprised to learn of this intention by Frasers Group, given that discussions with Coventry City prior to the completion of their purchase of the Arena led us to understand the existing terms would continue unchanged with Frasers Group as the new owners of the Arena.”
Now, however, a licence has been signed running until May 2023.
A new statement from Coventry City says: “This represents a positive step forward for the Club and its fans and we now look forward to establishing a constructive working relationship with Frasers Group.
“The licence that we have today signed will run until May 2023 and is subject to EFL approval, which we expect to be granted on Tuesday.
“Coventry City will now commence amicable talks with Frasers Group with a view to agreeing a longer-term licence for the Club to play at the Arena.”
