Coventry Bees Issue Statement Over Brandon Sale

Last updated : 25 July 2013 By Covsupport News Service

The owners of Coventry Bees have issued the following statement regarding the proposed sale of land to SISU Capital Ltd.

 

The statement reads as follows:"Further to our previous announcement regarding the sale of the freehold for the Coventry Stadium site and continued press speculation we would like to make the following statement.

"The freehold remains available for sale and whilst we have had several parties show interest in securing the freehold for the site only one has continued to show interest given the existing leases for speedway, greyhounds and stock cars.

"The confidential nature of negotiations needs to be maintained as such we will not confirm or release the details of the potential buyer however to stop further speculation from fans of the various sports which take place in the stadium these will all continue to operate at the Brandon site until 2023 and hopefully well beyond that date.

 "When we have further news regarding the land deal to release we will do so until then we hope the above statement will reassure the public of our intentions to see the anchor tenants at the stadium continue to operate for many years to come."