Wasps set to complete £19.5m takeover of Coventrys Ricoh Arena

Council set to give takeover green light on Tuesday Wasps to be handed 250-year lease as part of 100% takeover Coventry back at Ricoh Arena but malady lingersWasps £19.5m takeover of the Ricoh Arena in Coventry is set to be approved on Tuesday after Labour councillors agreed to back the sale.According to the Coventry Telegraph, a full Coventry City Council meeting, scheduled for 2pm on Tuesday, will result in the Premiership side being given the green light to complete a 100% takeover of ACL, the operating firm of the Ricoh Arena. Continue reading...