Coventry City has been through many difficult years and the collapse of Wasps threatened the loss of their stadium. But there is good news at last. Local businessman Doug King is to take a 85 per cent stake in the club from hedge fund Sisu. The club are also considering making a bid for the stadium: https://www.coventrytelegraph.net/sport/football/football-news/coventry-city-takeover-live-sisu-25535116
However, former Newcastle owner Mike Ashley is regarded as the preferred bidder for the CBS Arena: https://www.bbc.co.uk/sport/football/63656013 His group have now completed the purchase.
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