Coventry City Council Leader Ann Lucas talks about the deal to sell their 50% share in ACL to Rugby side Wasps.

Oct 08, 2014, 07:55 AM

Coventry city council has sold it's stake in the Ricoh Arena to the Premiership rugby side Wasps. The authority has sold its shares in ACL, the company that runs the arena in a multi-million pound deal voted through in private. The remaining half is still held by the Alan Higgs Trust. Speaking to BBC Coventry and Warwickshire's Shane O'Connor, Ann Lucas says there were 3 conditions for the deal to go through: