Coventry City have signed a new lease to continue playing at CBS Arena until the end of the season.
Frasers did not believe he was bound by the precedent 10-year agreement with the former owners of Wasps Stadium, signed in March 2021.
But an agreement has now been reached to allow City to see out the season there.
The club said: “The license we have signed will last until May 2023 and is subject to EFL approval, which we expect to be granted on Tuesday.
“This represents a positive step forward for the club and its fans. We now look forward to establishing a constructive working relationship with the Frasers Group.
“Coventry City will now enter into amicable talks with Frasers Group to agree a longer term license for the club to play at the Arena.”
The Sky Blues, who are also experiencing a change in ownership, have only ever been tenants of the land that was built for them in 2005.
The Championship club had hoped they could take over as stadium owner after Wasps took over on October 18.
But, despite potential new City owner Doug King making a bid of £25m, a court ruled the offer came too late – and allowed Ashley’s band to take over .
Sky Blues game book
Mark Robins’ side have played just nine league games at home, two less than any other side in the league, following three postponements at the start of the season caused by pitch problems.
Five of their next six games are at home.
Saturday’s meeting with Swansea City is followed by the revamped visit to West Bromwich Albion on December 21.
After traveling to Bramall Lane to take on top-flight Sheffield United on December 26, they then played successive home games against Cardiff City and Bristol City.
Coventry were also drawn at home in the FA Cup third round against non-league Wrexham on January 7.
They returned to action after the month-long World Cup break with a 1-0 defeat at fellow Championship play-off hopefuls Reading on Saturday.
