FRP administrators secure future of Coventry City ground
Ashley's Frasers Group had been named as the preferred bidder after making a £17m bid for the businesses
FRP has announced that its Restructuring Partners, Andrew Sheridan and Raj Mittal have completed the sale of Arena Coventry Limited (ACL) and IEC Experience Limited, including ownership of the Coventry Building Society Arena, to certain entities controlled by Frasers Group Plc.