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The Independent UK
The Independent UK
Sam Turner

Cost of Premiership rugby’s failed three underlined with £30m loans yet to be recovered

The British taxpayer has been left counting the cost of the financial meltdown of London Irish, Wasps and Worcester with a staggering £30m in Covid loans as yet unrecovered.

The trio of Gallagher Premiership clubs went out of business during the 2022-2023 campaign after taking £41.6m in contingency funding from the Department for Culture, Media and Sport (DCMS) to cover the loss of revenue from matches and broadcast deals affected by the pandemic.

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