Heard a bit more, I'd now expect them to announce going into administration very soon and for a takeover to be announced not long after. Again, I'm not getting anything direct (I know someone who knows a player in the 2nd team and through them a few back office staff) so I'm very much treating this as rumour, and a lot of it is already in the press, but from what I can make out the failure to pay wages today was the final hurdle to push everything through and it's now pretty out of the hands of the current owners. However there will still be some mess because of the way the club and land are owned. They expect a bunch of players to leave but that they will have agreements in place to start the season and will be able to field a team for the season, but will be very young and likely to be out of their depth.
Quote from: paul_e on August 31, 2022, 01:05:01 PMHeard a bit more, I'd now expect them to announce going into administration very soon and for a takeover to be announced not long after. Again, I'm not getting anything direct (I know someone who knows a player in the 2nd team and through them a few back office staff) so I'm very much treating this as rumour, and a lot of it is already in the press, but from what I can make out the failure to pay wages today was the final hurdle to push everything through and it's now pretty out of the hands of the current owners. However there will still be some mess because of the way the club and land are owned. They expect a bunch of players to leave but that they will have agreements in place to start the season and will be able to field a team for the season, but will be very young and likely to be out of their depth.The flippant bit being as opposed to most years being old and out of depth most weeks!It’s always bad when administration occurs and bills etc are unpaid, particularly when you consider other non rugby businesses will be impacted & no doubt more job losses as a result.If the good players (vdMerve / Sutherland etc) have had any sense the feelers will have been out already and deals in pipeline…that’s fine, where it is sad is that the club will likely lose a bunch of good younger players like Ollie Lawrence / Ted Hill / Fin Smith who were the future.How the Premiership deal with it will be interesting too as they have already announced no relegation this season so they have to find a way to punish because I’m sure Worcs aren’t the only team on the edge, long been reported that Wasps are vulnerable….if they see a precedent without consequence it might encourage them the same way.Hopefully if new owners come in they can retain Diamond.
Is that person talking about the Jim O’Toole bid who says it’s ready to go once admin is declared-hoping for NSWE type bid coming from nowhere but suspect it might well get to that 5pm deadline with nothing happening.Can’t fault the players today, certainly not downed tools
Quote from: Gareth on September 24, 2022, 05:37:32 PMIs that person talking about the Jim O’Toole bid who says it’s ready to go once admin is declared-hoping for NSWE type bid coming from nowhere but suspect it might well get to that 5pm deadline with nothing happening.Can’t fault the players today, certainly not downed toolsI don't think so but I haven't spoken to him directly, it's a bit chinese whispers but my aunt and her family are friends with the family of one of the players whose on the fringes of the first team. The chain of messages I've seen are that the players have been told that a takeover will happen and shouldn't need them to go into administration but they were also told tyhat there'd be a major announcement a few weeks back and all that happened was some people got paid but nothing more siginificant.
Worcester suspended by the RFU after failing to provide proof of insurance and funding.Time for a Worcester/Wasps merger ?