There appears to be some more trouble brewing within English rugby following the demise of Wasps and Worcester.
Gallagher Premiership clubs are reportedly “heading for disaster”, having collectively amassed £300 million in net debt over the past six years as they struggle financially.
London Irish featured in a report into the finances of clubs and are considered “high risk” due to low turnover of, at best, £10 million and in excess of £25 million of net debt. Meanwhile, Harlequins have been labelled “concerning” due to their high borrowing of £48 million in the 2021 financial year.
