Players.bio is a large online platform sharing the best live coverage of your favourite sports: Football, Golf, Rugby, Cricket, F1, Boxing, NFL, NBA, plus the latest sports news, transfers & scores. Exclusive interviews, fresh photos and videos, breaking news. Stay tuned to know everything you wish about your favorite stars 24/7. Check our daily updates and make sure you don't miss anything about celebrities' lives.

Contacts

  • Owner: SNOWLAND s.r.o.
  • Registration certificate 06691200
  • 16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
  • Czech Republic

RFU suspends Worcester from all competitions amid financial issues

English Premiership side Worcester Warriors have been suspended from all competitions after failing to meet a deadline to provide proof the club can operate amid its financial difficulties, the Rugby Football Union (RFU) said on Monday (Sep 26).

Worcester are looking for new owners after they were served in August with a winding-up order over unpaid tax, reportedly worth more than £6 million (US$6.41 million).

They also owe the Department for Culture, Media & Sport (DCMS) £14 million after taking out a long-term loan during the coronavirus pandemic.

"The owners of Worcester Warriors have not met the RFU's 5pm deadline to evidence insurance cover, availability of funds to meet the monthly payroll, and a credible plan to take the club forward," it said in a statement.

"The RFU has therefore suspended Worcester Warriors from all competitions, including the Gallagher Premiership, Allianz Premier 15s, U18s Academy Cup and Allianz Cup with immediate effect."

Earlier this month, Worcester met a deadline to provide assurances they could safely host games amid the financial turmoil before the RFU asked the club to come up with a credible plan to avoid suspension.

"We met with players and staff last week to explain why this action would be necessary and regrettably without assurances in place we have had to take this action to protect everyone's best interests," RFU CEO Bill Sweeney said.

"We hope a buyer can be secured to allow Worcester Warriors and The University of Worcester Warriors (who compete in Premier 15s) to return to professional league rugby.

"While it is the responsibility of each business owner to manage their individual finances, we will look at learnings from this situation to see what regulation can be put in place to

Read more on channelnewsasia.com