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The Independent UK
The Independent UK
Sport
Duncan Bech

Wasps buy time to survive as talks with investors at ‘advanced stage’

PA Archive

Wasps have bought more time in their bid to lift the financially stricken club out of crisis by filing a second notice of intention to appoint administrators.

A statement issued by Wasps Holdings Limited revealed that talks are at “a relatively advanced stage” with possible investors in the face of a winding up order from HM Revenue and Customs for £2million in unpaid tax.

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