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The Guardian - UK
The Guardian - UK
Sport
Luke McLaughlin

Jersey Reds set to be wound up as English rugby’s financial crisis grows

Jersey Reds' Alex McHenry in action during a Premiership Rugby Cup match against Bath earlier this month.
Jersey Reds' Alex McHenry in action during a Premiership Rugby Cup match against Bath earlier this month. Photograph: Bob Bradford/CameraSport/Getty Images

English rugby’s financial crisis deepened on Thursday with Jersey Reds announcing they have been forced to stop trading and are on the brink of being wound up.

The club won the Championship last season and were due to play Cornish Pirates in the Premiership Rugby Cup on Friday, but said they have been forced to cease trading with no prospect of resuming unless fresh investment is urgently found.

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