Coventry City have announced they’ve signed an agreement to continue playing home games at Coventry Building Society Arena that runs to the end of the season.
Earlier this month, the Sky Blues were handed an eviction notice by Frasers Group, owned by former Newcastle owner Mike Ashley, which took over the stadium in November.
A statement on the club’s official website on Monday said: “Coventry City Football Club is pleased to confirm that it has signed a new licence agreement with Frasers Group in order for the club to continue to play home games at the Coventry Building Society Arena.
“This represents a positive step forward for the club and its fans and we now look forward to establishing a constructive working relationship with Frasers Group.
“The licence that we have today signed will run until May 2023 and is subject to EFL approval, which we expect to be granted on Tuesday.
“Coventry City will now commence amicable talks with Frasers Group with a view to agreeing a longer-term licence for the club to play at the Arena.”
Prior to Frasers Group’s takeover, Coventry had an agreement, signed in March 2021, to play at the ground running to 2031.
The Sky Bet Championship outfit last Monday said they had received the eviction notice and been told they must agree a new licence, having previously believed the existing terms would continue unchanged following the Frasers Group takeover.