Coventry City stadium charity court case ends in draw

Ricoh Arena The Alan Higgs Charity and Sisu both sought damages after a Ricoh Arena buy-out deal fell through

Related Stories

A court case between a charity that part owns Coventry's Ricoh Arena and the former owner of Coventry City Football Club has ended with neither side winning damages.

On Thursday the Alan Higgs Charity heard it could not claim £29,000 after a deal to sell their share of the ground to Sisu collapsed in 2012.

The judge at Birmingham High Court dismissed a counter claim by Sisu for £290,000 on Wednesday.

The club left the arena in a rent row.

Fans protesting outside Northampton's ground Fans have protested against Coventry City's move to Northampton

City played at the Ricoh Arena since its opening in 2005 but last summer moved to Northampton's Sixfields Stadium.

After a three-day hearing Mr Justice Leggatt issued a 20-page judgement concluding: "The transaction failed for reasons which do not fall within any of the three lines which would entitle the trustees to recover their costs - I find that the trustees are not entitled to recover their wasted costs."

He said there was no implied term of ''good faith'' in the negotiations between the Alan Higgs Charity and Sisu over the sale.

Sisu's legal battles continue as it has called for a judicial review into a £14m loan from Coventry City Council to Ricoh operators Arena Coventry Limited.

Sisu claimed the loan was an unlawful use of public funds, but the council said it was happy it had a "robust defence".

The review will be held at the High Court in London in June.

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

BBC Coventry & Warwickshire

Weather

Coventry

Min. Night 13 °C

Features

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.