Northern Edition

Select Edition

Northern Northern
Southern Southern
Global Global
New Zealand New Zealand
France France

RFU statement: Jersey Reds

By PA
(Photo by Malcolm Couzens/Getty Images)

English club rugby’s bleak financial climate has claimed another victim after Jersey Reds announced they have ceased trading.

ADVERTISEMENT

The Reds claimed their first RFU Championship title last season but after 11 years in the second tier and a decade as a professional outfit, they face liquidation unless emergency funding can be secured.

News of their likely demise comes after Gallagher Premiership clubs Wasps, Worcester and London Irish entered administration during the 2022-23 campaign, reducing the top flight to a 10-team competition.

Video Spacer

Video Spacer

Players and staff at the Reds were told on Thursday morning that they would not receive their September salaries and that Friday night’s Premiership Rugby Cup tie against Cornish Pirates could not be fulfilled.

Chairman Mark Morgan criticised the game’s powerbrokers for failing to put into place a structure for the second tier that would have allowed the club to attract financing.

“We had been able to start the season and maintain sufficient funds to cover the summer, but regret that our conversations with potential new investors as well as existing ones have been unsuccessful,” Morgan said.

Related

“At one stage at the end of last season it appeared there was a viable way forward for the second tier once the new Professional Game Agreement was implemented from summer 2024, but Championship clubs have been left in the dark since that point.

ADVERTISEMENT

“This led to a growing fatigue among those who may have invested but could not be given any concrete assurance about when the new structure would come in or how it would be funded.

“There are a large number of players, coaches and other members of staff who have made huge contributions to the club in recent seasons and we regret that the massive effect this will have on all of them. It’s a very sad day.”

The Championship has faced an uncertain future from 2020, since when the Rugby Football Union has completed two rounds of funding cuts.

The RFU released their own statement on the matter: “The RFU has been informed that Jersey Reds has taken the decision to cease trading following unsuccessful discussions with both existing and potential new investors. We, like their players, staff and supporters are deeply concerned by this news.  The RFU is working with the Rugby Players Association to support the players.

ADVERTISEMENT

Related


 
“It is extremely disappointing that investors would take decisions at this early point in the season to place the club in such a position. Championship clubs had clear confirmation from the RFU on funding for the 2023/24 season and we have been working with the Championship and Premiership Rugby on the new Professional Game Partnership and shape of Premiership 2 with funding levels to be confirmed at the end of this calendar year. The Championship has been fully involved in these discussions since February which are aimed at stabilising and strengthening the professional game.
 
“This news will clearly impact the season for the Championship league and Premiership Rugby Cup competition, which was introduced this season as a way to offer a new format to supporters, bringing with it the experience of playing Premiership sides and the opportunity to welcome new fans into Championship clubs and assist them to grow new audiences. 
 
“Further information on the impact of this to the Premiership Rugby Cup and Championship League season will follow.” 

Related

ADVERTISEMENT

LIVE

{{item.title}}

Trending on RugbyPass

Comments

0 Comments
Be the first to comment...

Join free and tell us what you really think!

Sign up for free
ADVERTISEMENT

Latest Features

Comments on RugbyPass

f
fl 46 minutes ago
‘The problem with this year’s Champions Cup? Too many English clubs’

"Right, so even if they were the 4 worst teams in Champions Cup, you'd still have them back by default?"

I think (i) this would literally never happen, (ii) it technically couldn't quite happen, given at least 1 team would qualify via the challenge cup, so if the actual worst team in the CC qualified it would have to be because they did really well after being knocked down to the challenge cup.

But the 13th-15th teams could qualify and to be fair I didn't think about this as a possibility. I don't think a team should be able to qualify via the Champions Cup if they finish last in their group.


Overall though I like my idea best because my thinking is, each league should get a few qualification spots, and then the rest of the spots should go to the next best teams who have proven an ability to be competitive in the champions cup. The elite French clubs generally make up the bulk of the semi-final spots, but that doesn't (necessarily) mean that the 5th-8th best French clubs would be competitive in a slimmed down champions cup. The CC is always going to be really great competition from the semis onwards, but the issue is that there are some pretty poor showings in the earlier rounds. Reducing the number of teams would help a little bit, but we could improve things further by (i) ensuring that the on-paper "worst" teams in the competition have a track record of performing well in the CC, and (ii) by incentivising teams to prioritise the competition. Teams that have a chance to win the whole thing will always be incentivised to do that, but my system would incentivise teams with no chance of making the final to at least try to win a few group stage matches.


"I'm afraid to say"

Its christmas time; there's no need to be afraid!

119 Go to comments
TRENDING
TRENDING Stuart Lancaster 'wants out' of Racing 92 and eyeing Euro giants job Stuart Lancaster 'wants out' of Racing 92 and eyeing Euro giants job
Search