Coventry City Football Club would like to update its supporters, following yesterday’s statement (15 May) made by Wasps.
There is no European Commission complaint against Wasps. The complaint, made by our Owners SISU in February, is against Coventry City Council only.
In mid-April, SISU signed an undertaking to irrevocably cease all proceedings against Wasps relating to the sale and lease of the Ricoh Arena, in order to allow talks about extending our agreement at the Ricoh Arena to take place.
Wasps stated their position publicly yesterday, reiterating their previous opposition to legal action and now adding their opposition to any other action around the sale of the stadium in 2014, and their opinions surrounding the EU complaint.
Nick Eastwood said yesterday: “Regrettably, this means that the condition set out above for us to enter or continue discussions with CCFC has not been met.” The condition referenced yesterday by Nick has not been broken, but instead yet more onerous and undeliverable conditions have been added by Wasps to their pre-existing conditions to enter talks.
Last Friday in our update to fans, we spoke of ‘hurdles’ and this is one of those hurdles that we alluded to. As a result, we are unfortunately accelerating our back-up groundshare plans.
Further details of discussions with Wasps Holdings Limited remain confidential, due to mutually signed confidentiality agreements.