Really is a huge blow.
That is a mammoth building to fill.
If the council had any fucking ambition for Coventry, which we know they absolutely don't, they'd do everything possible to turn it into a big music venue packed with bars and restaurants.
A city centre venue, suitable of hosting gigs of up to 10,000 would be a game changer. I know the NEC and NIA are close but I still think there is room for another venue. Coventry is a big city with a young population. Easier for people from Northampton, MK and the such to get to than Birmingham.