London Irish have until 4pm today either to complete a proposed takeover by an American consortium or for owner Mick Crossan to commit to club for entirety of the 2023-24 campaign; London Irish were hit with winding-up petition by HMRC on Friday
By PA Media
Last Updated: 06/06/23 12:04am
London Irish are expected to be suspended from the Premiership on Tuesday
London Irish are expected to be suspended from the Gallagher Premiership today when the deadline to prove they have the finances needed to operate next season expires.
Irish have until 4pm either to complete a proposed takeover by an American consortium or for owner Mick Crossan to commit to the club for the entirety of the 2023-24 campaign.
As of Monday, the buyout was no closer to being finalised with key documentation including proof of funds yet to be supplied to the Rugby Football Union, while Crossan is intent on severing ties.
Only 50 per cent of the staff payroll for May was paid and the outstanding wages must also be settled if Irish are to take their place in next season’s Premiership.
It was Crossan’s failure to pay the salaries in full last week that persuaded the RFU to extend the deadline by six days in the hope that staff and players would get the money owed to them.
Irish’s outlook deteriorated further on Friday when they were issued with a winding-up petition by HM Revenue and Customs over an unpaid tax bill.
Petitions have been filed against London Irish Holdings Limited and London Irish Rugby Football Groun …