London Irish can be suspended Gallagher Premier League As speculation continues about their future in the midst of a possible takeover by American consortium
The Rugby Football Association, together with Premiership Rugby and the Rugby Players Association, are “trying to take action to gain greater clarity about the future of football,” he says. London Irish”.
This RFU “The proposal to take over London Irish by an American consortium has generated a significant amount of uncertainty and speculation about the future of the club, which has an impact on the club’s players, staff and fans.
“It is imperative that the club be in a position to make it into the Gallagher Premiership in the 2023-24 season and complete that season.”
The RFU has now set a deadline of May 30 in what has become an increasingly brutal epic, with Ireland reporting £30m in debt.
By then, the acquisition of the club must be complete and approved by the RFU, the buyers must commit to providing all necessary working capital to meet the club’s obligations for at least next season, or the club must show that it will continue to be. was funded to run over the next season.
The RFU added: “If the club fails to meet these conditions, participation in the Premiership (and other competitions) in the 2023-24 season will be suspended to avoid a scenario where the club goes into mid-season bankruptcy, which has a significant impact on players, staff and fans, as well as the rest of the league.
“This deadline has been set to give buyers sufficient time to provide necessary information and complete the transaction.”
Wasps and Worcester came into power earlier this season, resulting in their expulsion from the Premier League.
This meant the Premiership had dropped to 11 clubs, and the most tense campaign in English domestic rugby history ended on 27 May when the Saracens and Sale Sharks competed in the final at Twickenham.
Meanwhile, the Irish narrowly missed a spot in the championship playoffs and finished fifth, three points behind Northampton.