?>
ADVERTISEMENT
ADVERTISEMENT

Another Premiership club on the verge of 'Financial Meltdown' as it fails to pay wages in April

BY Luke Stockwell  ·  Tuesday May 2, 2023

Premiership Rugby is once again facing a crisis, as a third club has found itself in great financial trouble.

According to The Times, London Irish could potentially be the third Premiership club fold in the last 12 months after they failed to pay their staff and players during the month of April.

ADVERTISEMENT

The failure to pay wages follows a worrying trend that rugby fans saw with both Worcester and Wasps who eventually had to cease operations due to financial instability.

In a meeting last Friday, staff were told they would not be paid on time for this month. They were delivered the news by The American consortium involved in takeover talks with the West London side.

They were then told that money would be paid into their accounts by Monday evening – however it has been reported that these payments were never made.

During March there were fears that London Irish staff would not be paid however during that month the American Consortium did manage to cover the costs but the same can not be said for April.

In the past hours however, it is being reported that the potential future owners of London Irish have told staff that the  money has been transferred and staff will see the money in their accounts by tonight.

There is hope from the entire rugby community that these payments can be made and London Irish can resolve their off the field issues.

ADVERTISEMENT

 

 

 

ADVERTISEMENT

 

Related Articles

  • 14 WEEKS AGO

    Bristol Bears break 20-year record with victory...

  • 14 WEEKS AGO

    All Blacks star Jordie Barrett discusses...

  • 14 WEEKS AGO

    Gloucester's next 'Rees-Zammit' scores incredible...



ADVERTISEMENT

Great Tries

  • 6 DAYS AGO

    Portugal shred the Boks for superb try as Esterhuizen is shown a red card

  • 6 DAYS AGO

    WATCH: Georgia score classy end-to-end try vs Wallabies in ten try thriller

  • 2 WEEKS AGO

    Wallabies star Filipo Daugunu commites daylight robbery for superb try against Wales

  • 2 WEEKS AGO

    Wallabies score incredible end-to-end try under immense pressure from Wales

  • 2 WEEKS AGO

    Beauden Barrett sets up EXCEPTIONAL All Blacks try to take the lead against England

View All

Big Hits & Dirty Play

  • 4 DAYS AGO

    WATCH: Viral clip encapsulates why RG Snyman is so impressive

  • 6 DAYS AGO

    Kurt-Lee Arendse shown yellow card for 'Croc Roll' against Portugal

  • 5 WEEKS AGO

    England enforcer's tour could be over following red card vs Japan

  • 5 WEEKS AGO

    Pitch invader melted in thunderous tackle

  • 7 WEEKS AGO

    WATCH: Bath's Beno Obano shown red in the Premiership final

View All

See It To Believe It

  • 13 HOURS AGO

    Exclusive interview: Guy Porter retires aged 27

  • 2 DAYS AGO

    Fijian sevens players show immense strength in Olympic opening day

  • 1 WEEK AGO

    Former USA Eagles backrow makes passionate call to arms to USA Rugby fans

  • 2 WEEKS AGO

    Magnificent Frawley drop goal seals Irish victory in Durban as Kolbe accused of 'diving'

  • 2 WEEKS AGO

    Northampton fans dismayed as 'dismal' new badge revealed

View All

Funnies

  • 4 WEEKS AGO

    Wild changing room scenes as Toulouse begin their Top 14 victory celebrations

  • 4 WEEKS AGO

    Footage emerges of Handre Pollard before his famous RWC semi penalty

  • 4 WEEKS AGO

    'I don't think I've found a front rower that is normal' - Joe Marler

  • 4 WEEKS AGO

    Rassie Erasmus's underrated mental warfare ahead of Ireland series

  • 4 WEEKS AGO

    Rugby brotherhood on full display between three South African Rugby legends

View All

Amateur

  • 80 WEEKS AGO

    You Won’t See Many Better Than This Silky-Smooth Try From Llandovery RFC

  • 81 WEEKS AGO

    Incredible Scenes As Caldy RFC Hand Ealing First Championship Defeat Of The Season

  • 104 WEEKS AGO

    Dubious Score Decides Result Of Rugby's Biggest Schools Fixture

  • 104 WEEKS AGO

    Incredible Scenes At School Boys Rugby Match

  • 104 WEEKS AGO

    The Next Dominant Backrow?

View All

Player Features

  • 13 HOURS AGO

    Exclusive interview: Guy Porter retires aged 27

  • 1 DAY AGO

    Antoine Dupont brilliance secures France sevens semi-final

  • 1 DAY AGO

    Nigel Owens weighs in on Andre Esterhuizen red card decision

  • 2 DAYS AGO

    Ben Youngs opens up on heart surgery following training ground collapse

  • 2 WEEKS AGO

    Ringrose in for Aki as Farrell names Ireland squad to face Springboks

View All