Worcester Warriors: DCMS respond to administration calls in parliament


THE government have responded to Worcester MP Robin Walker’s call for Worcester Warriors to be entered into administration during a parliamentary debate in the House of Commons on Thursday evening.

Walker spent around 15 minutes providing his argument that administration remains the best solution for the survival of the rugby club.

In response, DCMS Minister, Stuart Andrew, who is rumoured to become the Sports Minister on Friday, confirmed that professional advisors are being sent into Warriors to “take a closer look” at the club.

“The department is working tirelessly with the club’s directors, Premiership Rugby and the RFU to seek the best possible outcome for all concerned,” said Justice Minister, Stuart Andrew.

“We have expended more energy than we have with any other club and we will continue to do so.

“This has included daily dialogue with both the stakeholders and the club’s directors to explore all options available and to take appropriate professional advice.

“At this state, we are not ruling out any options and we are sending in professional advisors imminently to take a closer look at the club and explore all the potential options.

“If it emerges from that work that the most viable option to save the club is to put it in administration then that is a decision we will not be afraid to take.”

The fear for most with administration is the potential for the Warriors to be relegated from the Premiership, along with other potential repercussions such as loss of P-share and local suppliers losing out on money owed.

But with the club’s owners still appearing to be no nearer to selling the club, time is running out for a solution to be found.

The RFU have given Warriors a midnight deadline on Monday September 26 to prove they have insurance cover in place, availability of funds to meet the monthly payroll, and a credible plan to take the club forward.

Andrew says the DCMS will act as quickly as possible to ensure the best outcome is found for all involved.

“The responsibility for governance on both sides of the game of course lies with the RFU and PRL and any potential investors will need to pass the RFU’s fit and proper owner test as part of any takeover,” added Andrew.

“The DCMS does not have a direct role in finding new owners or investment for the club. We have continued to encourage all interested parties to put their offers to the current owners or the administrators should that step be taken.

“This is clearly a fast moving situation and we continue to reassess all available options as a creditor in order to protect tax payers money and to deliver the best possible outcome for the players, staff and club on a daily basis as the situation evolves.

“We are taking action and not ruling anything out.”





Source link

%d bloggers like this: