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RFU statement: Communications with the administrators at Wasps

(Photo by Mike Egerton/PA Images via Getty Images)

The RFU has provided its latest update on the distressing situation at Wasps, the Gallagher Premiership club that ceased trading on Monday and made 167 players and staff redundant. Wasps’ suspension from the Premiership remains in place and a decision to extend the suspension for the season will be taken in due course to allow time to establish if a buyer could be in place in the near future.

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The statement read: “Following confirmation that Wasps Holdings Limited has entered administration, the RFU is speaking daily to the administrators and will be working with them and Premiership Rugby in the coming days to understand whether there is any possibility of a buyer taking over the club.

“The RFU is also working with the administrators, the management of the Wasps women’s team and with Wasps FC to find the best way for the women’s team to continue to play in the Allianz Premier 15s. The RFU is also fully committed to ensuring local academy opportunities are provided for pathway players.”

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RFU chairperson Tom Ilube said: “The news Wasps are now in administration is desperately sad. We believe it is right to keep working with all parties to give the club the best chance of long-term survival if at all possible. We all feel for the fans, players, volunteers and everyone with a connection to the club.

“The importance of financially robust and transparent professional leagues has never been more apparent and we will continue our work with Premiership Rugby to improve the structure, governance and business model of rugby union in England.”

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RFU CEO Bill Sweeney added: “This is a very sad time for everyone at Wasps and a challenging time for the sport. The RFU and Premiership Rugby have been working for some time to develop a sustainable model for rugby to deliver long-term prosperity for the sport. Wasps and Worcester entering administration has accelerated these plans and reinforced their importance.”

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