Coventry City have finally agreed a fresh deal with Mike Ashley's Frasers Group to continue playing at the CBS Arena (formerly the Ricoh) beyond this season.
The two parties have been in cordial but protracted talks
for several months - the sticking point understood to have been over the annual
rent - but have now reached an agreement which will see the Sky Blues continue to play at the
stadium built for the football club for the next five years.
Club owner Doug King had hoped to secure a longer term deal
but the Stratford-based businessman insists he will "continue to
positively engage" with the relatively new landlords of the Arena in order
to secure a longer term deal and the stability that goes with that.
The stadium would be an excellent setting for Premier League football.
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