London Irish set to be given temporary reprieve from being kicked out of Premiership
The RFU had set a May 30 deadline for a takeover to be completed but that has been extended to try and avoid a third club going out of business this year
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.London Irish look set to be granted a short deadline extension by the Rugby Football Union as they try to complete a takeover deal with an American consortium.
Irish had faced the possibility of suspension from the Gallagher Premiership on Wednesday as their hopes of meeting an RFU deadline regarding their finances for next season appeared bleak.
The RFU had set a deadline of close of business on Tuesday for a takeover of the club to be completed and approved by Twickenham chiefs, or the club showing that it will continue to be funded to operate throughout next term.
The RFU said in a statement earlier this month: “If the club fails to meet these conditions, it will be suspended from participating in the Premiership (and other competitions) in season 2023-24 to avoid a scenario where the club enters insolvency mid-season, with the corresponding and substantial impact that has on players, staff and fans, as well as on the remainder of the league.”
The RFU’s club financial viability working group had a meeting scheduled on Tuesday evening before making a recommendation to the RFU board on Wednesday, which would be followed by an official announcement.
It is understood that the recommendation is likely to comprise a deadline extension – possibly of a week – although it would be conditional on Irish players’ May salaries being met by the club’s current ownership.
Irish have been in grave danger of becoming the third club after Wasps and Worcester to depart the Premiership this season.
And while that scenario might still unfold, there now appears to be a glimmer of hope for the Exiles, who finished fifth in the Premiership this season under director of rugby Declan Kidney.
Wasps must begin rebuilding from the bottom of the league pyramid after the RFU revoked their licence to play in next season’s Championship.
Hopes that new owners HALO22 Limited could relaunch Wasps in the second tier were dashed due to their failure to meet an RFU deadline for proving the club could still operate at the required level.
Wasps entered administration in December because of debts totalling £95m, and as a result were removed from the Premiership.
And ambitions that Worcester could be relaunched in the Championship ended because of a dispute over terms between their new owners Atlas and the RFU.
It has all added up to the most damaging domestic season in English rugby history, with all eyes now on Irish to see if funding can be put in place for next term.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments