Overview

• The club confirmed it has bought the 29,109‑seat Coventry Building Society Arena from Frasers Group.
• For the first time since the venue opened in 2005, Coventry City owns its home, ending two decades of uncertainty that included groundshares outside the city.
• Owner Doug King called it a defining day and told supporters that future matchday revenue will flow directly into the club.
• The acquisition was completed by Covcityco Ltd, with plans to invest in facilities, the fan experience and community uses of the venue.
• Frasers Group owner Mike Ashley praised King and wished the club well, as the milestone coincides with QPR's visit on the arena's 20th anniversary weekend.