London Irish could be kicked out of the Premiership if they cannot prove their potential new owners have the funds to keep the rugby club going.
The Rugby Football Union has issued a statement confirming that the club have until 30 May to prove that a proposed takeover – led by Redstrike Group and former NBA and NFL players – is completed or that the club will have sufficient funds to operate next season without threat of falling into administration mid-season like Worcester Warriors and Wasps did this term.
This comes just hours after club sources told City A.M. that they were confident the deal would be completed by the end of the month.
“The proposed takeover of London Irish by an American consortium has led to a significant amount o
…. to be continued
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