London Irish: Gallagher Premiership club given takeover deadline by RFU | Rugby Union News

The RFU has imposed a deadline of the end of this month on London Irish to complete the takeover; The Gallagher Premiership Club has been in protracted talks with an American consortium, who have so far failed to provide proof of funds to complete the purchase.

Last Updated: 12/05/23 4:52 PM


London Irish have been given a deadline to complete a potential takeover

London Irish have been given a deadline of 30 May by the RFU to complete their takeover of the Gallagher premiership club.

There are protracted talks with an American consortium to acquire Exiles, but that deal is yet to be finalised.

Staff received their April salaries late by a week and the club had to cover their wages, with payments finally coming two days before their final match of the Premiership season against Exeter Chiefs last Saturday.

The players also asked for proof that their insurance premiums were covered before taking the field for that match.

The Brentford-based club concluded their campaign with a 17-14 win over Exeter and afterwards director of rugby Declan Kidney struck an optimistic tone.

“These players have risen from the championship to 10th, 9th, 8th and now 5th,” said Kidney.

“We are planning for a prosperous future with the age of players out on the pitch, this is what we are making of it.

London Irish captain Matt Rogerson says the sport is at a crossroads and significant changes need to be made to take the sport to a 'new level'.

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London Irish captain Matt Rogerson says the sport is at a crossroads and significant changes need to be made to take the sport to a ‘new level’.

London Irish captain Matt Rogerson says the sport is at a crossroads and significant changes need to be made to take the sport to a ‘new level’.

“There is a prosperous future on the pitch for this club and I am sure people off the pitch will do business and see that.”

However, the takeover deadline has been enforced by the RFU as the potential buyer has so far failed to provide proof of funds.

Hibernian are £30 million in debt and last year owner Mick Crossan said he would sell the club for pounds if he could.

If the acquisition does not go through, Crossan’s future investment and London Irish’s survival as a premiership club will be in serious doubt.

London Irish end season with win over Exeter

London Irish end season with win over Exeter

It followed a season in which both fellow Premiership sides Wasps and Worcester Warriors collapsed due to financial problems.

Wasps are aiming to return to the second-tier Championship for the 2023/24 season, while Worcester’s future remains shrouded in uncertainty.

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