As far as I know, Coventry first had agreement to build the new stadium while they were in the Premiership. After they got relegated they were up the creek because they were left with an agreement to build it but no finance to do it.
I'm not sure where they've managed to get the finance but I would imagine it's not all that rosy. They now have a 30,000 all seater stadium while their average attendance this season has been about 14,000. Repayments costs alone could see them struggle badly unless they get back into the Premiership very quickly which looks unlikely at the moment.
Bookmarks