Championship Club served eviction notice:

Coventry City: Mike Ashley's Frasers Group serve stadium eviction notice



BBC

Monday 5th December 2022


The stadium was owned by Wasps before they went into administration
Coventry City have been issued with an eviction notice by the new owners of the Coventry Building Society Arena.

Former Newcastle owner Mike Ashley's Frasers Group took over the stadium last month after buying its three former operating companies.



They say the Championship club has no continuing right to use the ground unless a new licence is agreed.

The club's existing licence runs until 2031, but they say the proposed new one would expire in May 2023.

Frasers do not believe they are bound by the previous agreement with the stadium's former owners, Wasps rugby club, who went into administration on 18 October.

However, Coventry said that discussions with Frasers Group prior to their purchase of the ground led them "to understand the existing terms would continue unchanged".

A club statement said: "Frasers Group have now presented to Coventry City a new agreement with new commercial terms, which have been presented to us without any dialogue or negotiations, and are less favourable to the football club.

"Frasers Group have said they would negotiate for beyond May 2023, but this leaves us without the security and certainty that our current deal provides to us and our fans."



Club officials were informed on Friday they must return keys and access cards and an FA Youth Cup game on Saturday was switched to Leamington Town FC.

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And people wanted Ashley here? He bought the ground underhand and now undoubtedly wants to make money out of the situation...

And people wanted Ashley here? He bought the ground underhand and now undoubtedly wants to make money out of the situation...

Cov fans genuinely don't know what the situation is and quite rightly have had enough. But it looks like MA is pressurising the club owners (SISU?) Into selling to him and not the other party for a cheap price. All in the game I guess.

And people wanted Ashley here? He bought the ground underhand and now undoubtedly wants to make money out of the situation...

Cov fans genuinely don't know what the situation is and quite rightly have had enough. But it looks like MA is pressurising the club owners (SISU?) Into selling to him and not the other party for a cheap price. All in the game I guess.

Administrators are supposed to get most money for the buisness they are overseeing? But the excuse for selling ground cheaper than consortium offered was they were to late... if he can kick them out what else would he do to club man as no scruples it seems.

And people wanted Ashley here? He bought the ground underhand and now undoubtedly wants to make money out of the situation...

Cov fans genuinely don't know what the situation is and quite rightly have had enough. But it looks like MA is pressurising the club owners (SISU?) Into selling to him and not the other party for a cheap price. All in the game I guess.

Administrators are supposed to get most money for the buisness they are overseeing? But the excuse for selling ground cheaper than consortium offered was they were to late... if he can kick them out what else would he do to club man as no scruples it seems.

I read that he's determined to be in football and he's never endeared himself to the fans wherever he's been involved, my way or the highway and all that. I think he's after a knockdown price for the club as I can't see what else he's going do with the stadium. Beautiful game, shit business.

And people wanted Ashley here? He bought the ground underhand and now undoubtedly wants to make money out of the situation...

Cov fans genuinely don't know what the situation is and quite rightly have had enough. But it looks like MA is pressurising the club owners (SISU?) Into selling to him and not the other party for a cheap price. All in the game I guess.

Administrators are supposed to get most money for the buisness they are overseeing? But the excuse for selling ground cheaper than consortium offered was they were to late... if he can kick them out what else would he do to club man as no scruples it seems.

I read that he's determined to be in football and he's never endeared himself to the fans wherever he's been involved, my way or the highway and all that. I think he's after a knockdown price for the club as I can't see what else he's going do with the stadium. Beautiful game, shit business.

Well hes not going to get 17m for it but not sure what else comes with the 3 companies he's bought? 5hink its screwing the club for more money with new lease

Sooner the gravy veined b*stard dies the better.

Some still wanted him here in place of Mr Tan !!!!!

Coventry say their surprised after being given an eviction notice to leave the Coventry Building Society Arena.

Frasers Group has told the club it must agree a new license.

Coventry say their surprised after being given an eviction notice to leave the Coventry Building Society Arena.

Frasers Group has told the club it must agree a new license.

It's all about getting a new agreement with them .they won't be evicted.

Coventry say their surprised after being given an eviction notice to leave the Coventry Building Society Arena.

Frasers Group has told the club it must agree a new license.

It's all about getting a new agreement with them .they won't be evicted.

Only if they sign new agreement wez.... and it is far from favorable for the club old one got 31yrs left so why do you think Ashley wants to rip that up and put in new one on his terms Coventry been evicted twice so 3rd time lucky? Ashley is an appalling owner who treated ncastle the way he did his buisnesses..

I never want him near our club

Coventry city should never have left highfield road

Coventry city should never have left highfield road

This is what happens when you dont own your own ground? Football authorities should block all seperate sale of grounds .... its getting to common and clubs are held to ransom over it

Good old fashioned club too are Coventry