Wasps have today announced the acquisition of a 50% interest in the Ricoh Arena with immediate effect.

Wasps become the joint owners of one of Europe’s largest multi-purpose venues having acquired a 50% interest in Arena Coventry Limited from Coventry City Council.

Wasps will play their first home game at the Ricoh Arena in December 2014 – either Castres or London Irish – but will continue to play home games at Adams Park in High Wycombe until then.