Coventry City Council have said that a statement that they are disappointed with the decision made by the judges at the Court of Appeal to grant Sisu permission to contest the Judical Review decision.
Their statement reads: "We are disappointed that the judge has found in favour of the claimants, Sisu, who can now move to appeal the Judgement in last year's Judicial Review.
"The Judicial Review had upheld the Council's actions in making a loan to ACL in January 2013. We will continue to defend the decision which the Council made on cross party support, which was designed to protect the city's interest in the Ricoh Arena."