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On this day: Wasps given go-ahead for 30m takeover of Coventry stadium

By PA
Press Association

Wasps were given the go-ahead for a £30million takeover of the Coventry Building Society Arena on this day in 2014.

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Coventry City Council voted unanimously to accept a proposal from the rugby union Premiership club to secure the future of the troubled stadium.

The 32,600-capacity arena, which opened in 2005, had been built primarily to serve Coventry City Football Club.

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However, the Sky Blues fell into financial difficulties and later administration amid a protracted and complicated rent dispute with stadium operating company Arena Coventry Limited.

The football club even moved out of the stadium, then known as the Ricoh Arena, and played at Northampton’s Sixfields for a period during 2013 and 2014.

Wasps agreed to purchase ACL, which was jointly owned by the council and the Alan Edward Higgs charity, and the deal was completed the following month.

It secured a permanent home for the rugby club after 12 years as tenants of Wycombe Wanderers at Adams Park.

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“We are very excited to be in a position to fulfil this ambition and to be able to move to the Ricoh Arena – it is an outstanding arena in a truly fantastic city,” read a Wasps statement, which acknowledged it would be an “unsettling” period for supporters.

Coventry returned to the stadium and played as tenants of Wasps until further problems led to a second move, this time to Birmingham’s St Andrews, in 2019. They moved back to the arena this season.

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Ed the Duck 53 minutes ago
How Leinster neutralised 'long-in-the-tooth' La Rochelle

Hey Nick, your match analysis is decent but the top and tail not so much, a bit more random. For a start there’s a seismic difference in regenerating any club side over a test team. EJ pretty much had to urinate with the appendage he’d been given at test level whereas club success is impacted hugely by the budget. Look no further than Boudjellal’s Toulon project for a perfect example. The set ups at La Rochelle and Leinster are like chalk and cheese and you are correct that Leinster are ahead. Leinster are not just slightly ahead though, they are light years ahead on their plans, with the next gen champions cup team already blooded, seasoned and developing at speed from their time manning the fort in the URC while the cream play CC and tests. They have engineered a strong talent conveyor belt into their system, supported by private money funnelled into a couple of Leinster private schools. The really smart move from Leinster and the IRFU however is maximising the Irish Revenue tax breaks (tax relief on the best 10 years earnings refunded at retirement) to help keep all of their stars in Ireland and happy, while simultaneously funding marquee players consistently. And of course Barrett is the latest example. But in no way is he a “replacement for Henshaw”, he’s only there for one season!!! As for Rob Baxter, the best advice you can give him is to start lobbying Parliament and HMRC for a similar state subsidy, but don’t hold your breath… One thing Cullen has been very smart with is his coaching team. Very quickly he realised his need to supplement his skills, there was talk of him exiting after his first couple of years but he was extremely shrewd bringing in Lancaster and now Nienaber. That has worked superbly and added a layer that really has made a tangible difference. Apart from that you were bang on the money… 😉😂

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