Coventry City Council are to get the £13.4m they used to bail out Arena Coventry Limited back very soon after Wasps raised £35m from the sale of their retail bond.
The bond, which was limited to £35m is now over subscribed and will give Wasps the money to pay off Coventry City Council.
Full story - http://www.coventrytelegraph.net/news/coventry-news/wasps-rfc-retail-bond-hits-9194444