COVENTRY CITY are over the moon after finally getting ownership of their stadium after 20 years.
The Sky Blues have called FOUR different stadiums home since leaving Highfield Road back in 2005.
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But the Championship club can officially call the Coventry Building Society Arena – which they’ve been renting for the last few years – their home after purchasing the ground from Mike Ashley‘s Frasers Group.
A club statement read: “Coventry City Football Club is delighted to announce that it has completed the purchase of the Coventry Building Society Arena from Frasers Group, marking a pivotal moment in the club’s history.
“The announcement comes in the week of the 20th anniversary of the Arena’s opening, a stadium that has played host to two decades of Sky Blues memories, from unforgettable victories to moments of resilience and unity.
“For the first time since the ground was built, the Club now owns its home.
“This milestone secures long-term stability, safeguards the future, and opens new opportunities for growth on and off the pitch.”
Chairman Doug King said: “Today is a defining day for Coventry City Football Club.
“For too long, the question of stadium ownership has cast uncertainty over our future.
“By bringing the Arena under the Club’s ownership, we are safeguarding not only the present but for future generations.
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“This is our home, and it now belongs to the football club and its supporters.”
“This is more than a transaction. It is a statement of ambition and belief in Coventry.
“The Arena will always be a symbol of our city’s strength and creativity, and as owners we can invest in facilities, fan experience, and wider opportunities for our community.
“We are proud to finally call this stadium our own.”
“On behalf of everyone at the club, I would like to thank our supporters.
“Through years of uncertainty, including times when we had to play in other cities and towns, your loyalty has been unwavering.
We are proud to finally call this stadium our own.”
Coventry City Chairman Doug King
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“This moment is as much yours as it is ours.
“I am also grateful to Frasers Group who have negotiated this agreement in good faith and I wish them well for the future.”
Frasers Group headhoncho and former Newcastle United owner Ashley said: “Doug King has been a pleasure to work with and he is a fantastic custodian of the club.
“With him at the helm, I am sure Coventry City FC has every chance of becoming a Premier League club soon.”
