Wasps Acquire 100% Shareholding Of Ricoh Arena

Wasps have announced that they have now completed the acquisition of 100 per cent of the shareholding of Arena Coventry Limited, the company that owns the Ricoh Arena. The club has acquired a 50 per cent shareholding from the Alan Edward Higgs Charity, the grant making charity which benefits the inhabitants of a 25 mile radius from the centre of Coventry, having previously acquired the other 50 per cent shareholding in Arena Coventry Limited from Coventry City Council in October. Wasps have also announced that they will rename the north stand of their new ground 'The Higgs Charity Stand' and f…