Overview

• The club finalized the deal with Mike Ashley’s Frasers Group on Aug. 23, with the sale price undisclosed.
• Chairman Doug King called it a defining day and said ownership will enable investment in facilities, fan experience and community initiatives.
• Controlling the venue removes rent payments and allows Coventry to keep revenue from concessions, parking, conferences and concerts.
• Ashley praised King as a “fantastic custodian” and said Coventry have “every chance” of a Premier League return soon.
• The announcement coincided with the stadium’s 20th anniversary and a 7-1 win over QPR, with “Our home. Our Future” displayed inside the ground.