Worcester Warriors owners issue statement amid current financial crisis | Rugby Union News

0

The club received a ‘liquidation petition’ by HMRC; the owners said: ‘We are currently working on a number of options with our advisers. These include solutions to keep rugby at Sixways and we will communicate further once a decision has been finalised’

Last update: 08/22/22 5:15 p.m.

Worcester co-owners Colin Goldring and Jason Whittingham have provided a further update

The owners of Worcester Warriors released a statement saying they are “reviewing available options” for the club amid their current financial crisis.

Last week it was revealed that the Gallagher Premiership club had received a winding up petition from HM Revenue and Customs. The item in question is an amount of unpaid tax owed by the Warriors to HMRC.

The club had said they had found the last two years extremely difficult due to the Covid-19 pandemic and the rising cost of living. They said they had returned to normal operations with a tax liability to HMRC and a payment delay agreement (TTP) was in place.

On Monday, co-owners Colin Goldring and Jason Whittingham provided a further update regarding Worcester’s situation.

“There have been many speculations and rumors circulating in the media and among our supporters about the future of Worcester Warriors,” the statement read.

“Over the past week a lot of work has been done away from the media spotlight to try and guide the club through the challenges we are currently facing.

“This work is continuing, discussions are ongoing and we are looking at the options available to the club.

“We continue to work closely with HMRC, Premiership Rugby, the RFU and DCMS to find the best solution to the situation. We are very grateful for the support these organizations have given the club.

“We are currently working on a number of options with our advisers. These include solutions to keep rugby at Sixways and we will communicate further once a decision has been finalised.

“We are grateful to our staff, supporters, partners, sponsors and suppliers for their commitment, loyalty and support during this difficult time for everyone involved at the club.

“We also greatly appreciate the messages of concern and support we have received from the world of rugby and the wider sporting community.”

Share.

Comments are closed.