Surely that must have expired by now. The excuse for the council rushing everything through was a hotel was needed for City of Culture. That's been and gone, as has the CWG, with seemingly zero progress.
Why would Richardson get a loan for that anyway, if he wants to build a hotel and profit from it shouldn't he be paying. Not like there isn't other people trying to build hotels in the area who have been turned down.
Wasps owners unveil plans for Ricoh hotel
Photos show how it could look inside
www.coventrytelegraph.net
Notice - "WASPS OWNERS" very similar to the Training Ground
The building option expired in 2020