Worcester Warriors submit request for DCMS to appoint administrators
Worcester Warriors can confirm that WRFC Trading Limited, the company that owns the Worcester Warriors Premiership rugby club, has today asked DCMS to place the club into administration.
DCMS will now apply to the court to appoint administrators.
As negotiations with possible investors have still not led to critically-needed funding, administration is seen as the best solution to safeguard the interests of the business and ensure the best chances of a solution that saves the club.
It is hoped that this course of action will help to bring forward interested purchasers who may be able to preserve the club.
Once appointed, administrators will communicate with staff, supporters, partners, sponsors and creditors about timescales and processes to seek a purchaser.
Warriors owners Colin Goldring and Jason Whittingham said: “We are grateful to DCMS and Sport England as the Covid19 loan Programme Manager for accepting our request to place the club into administration.
“Both the club and DCMS will continue to co-ordinate efforts to find a rescue for the club if there is any possibility of it being saved.
“The administrators will assess any rescue options for some or all of the business as and when offers are made, while ensuring public funds are protected.”