Lawyers from Pinsent Masons have advised Coventry City Council on the sale of its stake in the Ricoh Arena to rugby club Wasps.
The deal will see Wasps relocate their home games to the Ricoh Arena from December 2014.
The Pinsent Masons team acting on the transaction was led by Graeme Fyfe of the firm’s structured solutions team and comprised a multidisciplinary team including corporate partner Paul Harkin and Pinsent Masons’ global sports team, led by partner James Earl.
Mr Fyfe said: “We were extremely pleased to work on such a significant transaction for both Coventry City Council and the city of Coventry.
“It is great to have helped Wasps find a new home in the city and it will be great to see them playing at the Ricoh alongside Coventry City Football Club from December this year”.
Mr Harkin added: “It was great to be involved in such a high profile deal bringing Wasps to the Ricoh.
“This is the type of deal which we are going to see happen more and more, in an era that will see financial success dominate many areas of the business of sport, particularly in terms of increasing utilisation of sports stadia assets.”