WASPS have issued a statement after it was confirmed this afternoon they would be moving to Coventry's Ricoh Arena.

Coventry City Council unanimously backed their £19.5m purchase of a 90 per cent stake in the stadium, clearing the way for Wasps to move out of Adams Park.

It is unclear when Wasps, who will also build new training facilities in Coventry, will make the move although a press conference tomorrow morning should highlight their plans.

The Wasps statement read: "Wasps are delighted that Coventry City Council have unanimously approved the sale of their shares in ACL to Wasps. Final details of the agreement will be confirmed tomorrow morning.

"Wasps are delighted that Coventry City Council have unanimously approved the sale of their shares in ACL to Wasps. Final details of the agreement will be confirmed tomorrow morning.

"It is no secret that the Club has been searching for a permanent home for many years. We are very excited to be in a position to fulfil this ambition and to be able to move to the Ricoh Arena; it is an outstanding Arena in a truly fantastic City.

"We understand this is an unsettling period for our supporters and we will be holding a series of meetings for our Season Ticket Holders, starting this week, where we can speak face-to-face to explain our decision and to address their concerns. We are also writing to each of our Season Ticket Holders.

"This decision has not been taken lightly, it has been a very thorough and detailed process and we truly believe this is the best option to secure a successful long-term future for the Club.

"It’s important to us to make clear that we see the Ricoh as the home of Coventry City Football Club and are committed to it staying that way, and that we are already working with Coventry Rugby Club to ensure both clubs thrive and grow.

"Our priority now is to work with our players, staff and fans on what this will mean for them. Once we have communicated to our supporters and staff we will be very happy to answer any questions the media may have at a press conference tomorrow. We will also issue a full media statement at 10am tomorrow morning."