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The Independent UK
The Independent UK
Sport
Jim van Wijk

Wasps holding on to hope of positive resolution amid financial crisis

PA Archive

Wasps head coach Lee Blackett hopes there can be a positive resolution to uncertainty over the future of the financially stricken club following on from a “very honest” meeting between staff and chief executive Stephen Vaughan.

On Tuesday, Wasps Holdings Limited confirmed a second notice of intention to appoint administrators had been filed, revealing that talks were 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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