Wasps To Pay Off City Council's Ricoh Loan

Last updated : 14 April 2015 By Covsupport News Service

According to the Coventry Telegraph's Simon Gilbert, Wasps Rugby Club are to pay off Coventry City Council's £14.4m bailout loan of Ricoh Arena management company Arena Coventry Limited.

The article claims that the loan could be paid off in the next few months before SISU go to court to appeal against the initial judicial review decision, having filed a new application against the terms of the loan back in November.

Full story - http://www.coventrytelegraph.net/news/coventry-news/wasps-rfc-hope-pay-144m-9034140