This magnificent 32,000-seater stadium was built to replace the old Highfield Road stadium in an attempt to establish Coventry City FC in the top half of the Premiership. Due to the football clubs endless battles with Coventry City council, and loss of ownership, Coventry City FC finds itself Divison 2, the UK lowest division. Now CCFC do not own the stadium as Coventry City council sold the building to Wasps, a London based Rugby Club in 2014. For a period, CCFC moved out of the Ricoh (their stadium) to play their games in Northampton some 50 miles away. There is a lesson here.
The Ricoh, which features: 40,000 rock concert venue, 60,000 sq ft exhibition hall, 70,000 sq ft casino, internal hotel, mini indoor arena, 1,000 seater banqueting suite, 22 executive boxes, atrium and state of the art player facilities, featured in the 2012 Olympics due to its central location.
The stadium cost circa £64million when constructed and was voted: ‘Venue of the Year’ in 2007