London Irish suspended from Premiership after failing to provide financial assurances

London Irish suspended from Premiership after failing to provide financial assurances

By Alipate Narawa
Wednesday 07/06/2023
[Photo: The Telegraph]

London Irish have been suspended from the Premiership after missing a deadline to pay players and staff.

The club, who were given until Tuesday to complete a takeover or risk being suspended, will not be allowed to play in any league next season.

A statement from governing body the Rugby Football Union (RFU) said the takeover had not materialised.

Despite plans announced in 2021 to expand its top division to 14 teams, English rugby faces the prospect of a 10-team Premiership next season after the earlier demise of Worcester Warriors and Wasps.

RFU Chief Executive, Bill Sweeney says this is desperately sad news for everyone who is part of the London Irish community as well as all the players, fans, staff and volunteers for whom this club means so much.

Sweeney further says the RFU had worked with the club, Premiership Rugby and the Rugby Players' Association to do the utmost to secure the long-term viability of the club.

The Chief Executive adds this would have been either by the proposed buyers undertaking to provide all required working capital to meet the club's obligations for at least the 2023-24 season; or the club providing evidence that it would continue to fund its operations throughout the 2023-24 season.

While Irish enjoyed a solid season on the pitch - finishing fifth and reaching the final of the Premiership Rugby Cup for the second successive season - there has been talk for some time of issues off the field.

The club are understood to have debts of about ยฃ30m, and owner Mick Crossan has been in protracted talks to sell to a US-based consortium.

Source: BBC


FNRL


fijivillage Straight Talk with Vijay Narayan
Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
FEATURE NEWS
SCC directs apartment developer to suspend work at Princes Road
Construction work of the apartment blocks along Princes Road has been suspended. fijivillage News has received confirmation that the Suva City Coun...
13 hours ago
LATEST NEWS
Govt forms taskforce to deal with land lease, renewal and premium issues
A taskforce has been formed by the Coalition Government to deal with land lease, renewal and premium issues faced by the farmers and ...
12 hours ago

Koronivia residents raise concerns regarding robberies while DPC East says they are working with the community to address it
Residents in Koronivia, Nausori are calling for more police presence in the community as there have been about 7 robberies in the area while a temple ...
12 hours ago

Thousands of secondary school students attend 2023 USP Open Day
Thousands of secondary school students flooded the USP Laucala Campus to decide on their career path from the informative Vodafone University of the ...
13 hours ago

USP is focused on making sure that students are placed first by getting quality education - USP VC
Under my leadership at the University of the South Pacific, we are focused entirely on being a student-centric University and making sure that ...
13 hours ago

1 in 50 children in classrooms has rheumatic heart disease - Dr Fong
1 in 50 children in the classrooms of Fiji has rheumatic heart disease which is highly common in children from 5 to 15 years old. This was ...
13 hours ago
IN DEPTH
Bainimarama and Qilihoโ€™s trial
The trial of former Prime Minister Voreqe Bainimarama and suspended Commissioner of Police Sitiveni Qiliho begins
14 hours ago

EBayShop Online Recruitment scam
The Consumer Council of Fiji has issued a public alert about a group of individuals running a deceptive pyramid scheme known as โ€œEbayShop Online Recruitment.โ€
5 days ago

7 Grace Road Group executives declared prohibited immigrants in Fiji after decisions by the South Korean Government and a request by Interpol
7 Grace Road executives in Fiji have been declared prohibited immigrants by the Fijian Government, it has been made clear through government ...
5 days ago

TOP