EXCLUSIVE: London Irish saved from Premiership suspension for now after RFU gave club a one-week extension to complete takeover deal with US consortium
Senior RFU officials remain skeptical of the ability of potential London Irish buyers to complete a takeover despite granting the Premiership club a dramatic reprieve on Tuesday.
But there is now hope the capital-based side can avoid following Worcester and Wasps in dropping out of England’s rugby top flight after being given a one-week extension to complete the deal.
The Irish had been told by the RFU that they had to meet a 5 p.m. deadline on Tuesday and either prove that the US consortium keen to buy them had the finances to do so, or that current owner Mick Crossan would be able to finance team for next season.
MailSport revealed on Tuesday that England rugby’s governing body had extended their deadline for the takeover to be finalized by seven days.
The RFU has not officially confirmed the extension but will do so today after a critical meeting of its financial sustainability group last night.
London’s Irish players were told this morning that the RFU could still grant the consortium an extension to complete the deal