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Sky Blues Ricoh talks break down

Talks between the owners of Coventry City, Sisu, and Wasps have broken down after a complaint made by Sisu to the European Commission: Breakdown

Sisu seem more intent on pursuing legal remedies than securing the future of the club, although it should be noted that Sisu does not regard its complaint to the Commission as a legal action. Last week the word on the street was that a five year lease deal was on the table.

Wasps chief executive Nick Eastwood said: 'As everyone knows, we have consistently maintained over a long period of time that we were happy to sit down with Coventry City to reach agreement over their future at the Ricoh Arena, once the club’s owners had agreed to cease all legal action or proceedings surrounding our acquisition and ownership of the Ricoh Arena.'

As reported by both parties recently, we entered such discussions in good faith, based on that principle. However, we have now been made aware of this complaint to the EU Commission and understand that it was filed in February, well before the discussions set out above were commenced.'

The EFL is due to discuss the potential expulsion of the club on May 29th.

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