• Director of rugby: ‘We are on the never-never’
  • Club’s owners insist sale will be announced ‘in 48 hours’

Worcester’s director of rugby, Steve Diamond, says his team “cannot keep going” in the Gallagher Premiership beyond the next few days unless a deal can be done to ease the club’s increasingly acute cashflow crisis. There are fears the Warriors’ weekend loss to Exeter could be the last league fixture the club is able to fulfil without urgent fresh investment.

In a statement released on Sunday, the club’s owners insisted a new buyer was still keen to take over and that a formal announcement of a sale would be forthcoming “in the next 48 hours”. Within the club, however, trust has virtually evaporated and there is not even enough money available to register loan players with the Rugby Football Union before Wednesday’s Premiership Cup fixture against Gloucester.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Interest rate rises to hit UK growth next year, but recession unlikely; Twitter rebranding as X – business live

Rolling coverage of the latest economic and financial news, as EY Item…

Sinn Féin heralds ‘significant progress’ in Northern Ireland protocol talks with Sunak – UK politics live

Party’s president Mary Lou McDonald says indications are ‘heartening’ as DUP warns…

UK new car sales fall to lowest level in June since 1996 amid chip shortages

Rising costs push up prices and drivers wait more than 12 months…

UK man who pleaded guilty to celebrity Twitter hack gets five years in prison

Joseph James O’Connor, 24, pleaded guilty to cybercrime charges last month for…