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Coventry City’s official statement marks ‘pivotal’ moment for club as huge ‘milestone’ achieved

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Things just keep getting better for Coventry City both on and off the pitch, with an announcement today confirming the club has taken a huge step towards securing its own future.

Under Frank Lampard, the Sky Blues made massive progress last season and found themselves in the play-offs come the end of the campaign.

It wasn’t to be on that occasion, but Coventry City have started strong this season and will likely be among the promotion contenders again in the 2025/26 Championship.

Now, chairman Doug King has spoken out after Coventry City did something that fans of the club have waited 20 years for.

The official Coventry City FC badge on the side of the CBS Arena ahead of the Arnold Clark Cup match between England and Italy
Photo by Joe Prior/Visionhaus via Getty Images

Coventry City finally own their own stadium

Despite playing at (what is now called) the Coventry Building Society Arena for 20 years now, the club has never owned the venue… until now.

Originally called the Ricoh Arena, Coventry City moved into the stadium back in 2005, but the rights to the property have never been in the club’s name. But, just as the club celebrates the 20th anniversary of its home for the modern era, that’s all changed.

An announcement from the club reads: “The announcement comes in the week of the 20th anniversary of the arena’s opening. A stadium that has played host to almost two decades of Sky Blues memories. From unforgettable victories to moments of resilience and unity.

“For the first time since the ground was built, the club now owns its home. This milestone secures long-term stability, safeguards the future, and opens new opportunities for growth on and off the pitch.”

The stadium has been transferred over from Frasers Group who previously owned the ground, to Covcityco LTD and chairman Doug King.

On the acquisition, King added: “Today, Covcityco Ltd (the 100% owner of the football club) has completed the purchase of the Arena from Frasers Group. Finally, the stadium that was built for this club over twenty years ago truly belongs to us.”

Doug King during Coventry City FC v Queens Park Rangers FC - Sky Bet Championship
Photo by MI News/NurPhoto via Getty Images

Coventry City have come a long way in the last 20 years

After Coventry’s impressive run last season, it’s easy to forget that the Sky Blues were battling it out in League Two as recently as the 2017/18 campaign.

They were relegated from the Championship in 2012, and after five seasons of mediocrity in League One they dropped down to the fourth tier. Interestingly, it’s suggested a secret agreement led to Coventry’s promotion from there, with Morecambe FC playing out a 0-0 draw to help the Sky Blues finish in the play-offs and secure the Shrimps their survival at the time.

Since then, we’ve seen Mark Robins lay the foundations for Coventry to become a successful and sustainable Championship outfit, and now Lampard appears to be taking them to the next level.

If they can keep up their early season form, especially in front of goal, Coventry will surely be up there this season. And now that the future of the club has been secured away from the pitch, it’s all looking golden for the Sky Blues right now.