Source | |
1995 |
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16th May 1995 Clubon Limited incorporated, on 30th May 1995 changed its name to CCFC Limited. Wholly owned subsidiary
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Companies House |
1st June 1995 All football business/players purchased by CCFC Ltd from its holding company The Coventry City Football Club Limited
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CCFC H, CCFC Ltd accounts 1995 |
1st June 1995 management services agreement to allow CCFC Ltd to run the facilities owned by CCFC H
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1995 & 1996 accs, Companies Hse |
1996 |
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16th February 1996 The Coventry City Football Club Limited changed its name to Coventry City Football Club (Holdings) Limited. CCFC Limited changed its name to Coventry City Football Club Ltd |
CCFC H, CCFC Ltd accs 1996, Co Hse |
1999 | |
11th March 1999 Arena 2001 Ltd incorporated. Development company for new stadium wholly owned by CCFC H
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Co Hse |
2000 | |
Coventry City relegated to Championship | FL Statistics |
2002 | |
Year to 31st May 2002 CCFC H accounts note that option to purchase the land on which Ricoh Arena was built lapsed. £4.8m net costs treated as cost of investment in Arena Coventry Limited (joint venture with CCC) (net costs is the costs spent less relevant loans/creditors) 50:50 Joint venture with CCC. | Companies House
CCFC H accounts 2002 |
2003 | |
Accounts for CCFC Group show a net investment of £6,808,425 in the Arena Project which was then sold to the AEH Charity for £6,500,000. The balance of £308,425 was written off |
Companies House |
19th December Alan Edward Higgs Charity acquires 50% of ACL from CCFC ltd. Shares owned by Football Investors Limited, which becomes a wholly owned subsidiary of the Charity. Cost to Charity £6,523,184 inc. fees. Payment made £2m cash £2.5m waiver of loan and £2m to two directors who had outstanding loans to FIL who then re loaned the money to CCFC ltd. CCFC Ltd acquires option to purchase shares back from the Charity. |
CCFC H accounts, Judicial Review docs |
19th December Development agreement between ACL and CCFC signed |
Administrator's Report |
2004 |
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13th February Escrow account deed signed £500,000 deposited | Administrators report |
September CCFC Academy opens at the Alan Higgs Centre | Official Press Release, AHCT Accounts |
2005 | |
30th April Last game played at Highfield Road won 6:2 vs Derby. Attendance 22,777 |
FL statistics |
19th August Ricoh Arena opens | Coventry City Council Minutes |
20th August CCFC first game at Ricoh Arena won 3:0 vs QPR. Attendance 23,043 | FL Statistics |
2006 | |
29th March Lease & Licence agreement at Ricoh Arena signed | Administrators report |
2nd June ACL draw down Yorkshire Bank loan £21m to pay ease premium rather than pay annual rent of 1.9m |
Coventry City Council Minutes 27/06/06 |
27th June Council Arena Construction Completion Report £118,677,000 build cost Purchase: Land purchase £24,000,000 Land related costs £19,074,000 (decontamination cost & infrastructure £17m) Construction & fitting costs £ 75,603,000 Paid for by: Sale to Tesco £59,420,000 (land owned by CCC bought from British Gas) CCC equity £10,000,000 CCC funding of overspend £2,947,000 Prudential borrowing £21,000,000 (repaid by ACL lease premium) European Regional Dev Fund £4,374,000 Advantage west Midlands £4,800,000 Isle of Capri £5,900,000 Received from CCFC (shares in Football investors ltd) £1,758,000 Other £8,478,000 |
Coventry Council minutes |
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