Several organisations and individuals came together in creating the archway, that is more than 10 ft tall, including the Sky Blue Archive, Coventry City Council and Coventry firms LFE Engineering, Coventry Neweld, and Auto Japanese Spares.
Coventry City are back in the Premier League this season for the first time in 25 years, having last played in the top flight in 2001 when Highfield Road was still in use.
Joe Elliott MBE, former chairman of Coventry City, attended the opening ceremony of the new archway and told BBC CWR: “It brings back incredible memories to see this developing as a park and as a memory bank of what we all had at Highfield Road.
“We saw some incredible football, we were beating teams like Villa, Liverpool and Manchester United.
“The best players in the world were appearing here every week. It’s very special”.
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