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The Guardian - UK
The Guardian - UK
Sport
Gerard Meagher

Wasps suspended from Premiership and set to enter administration ‘within days’

Wasps are struggling to repay the £35m bond that was raised to help finance their relocation to Coventry in 2014 that was due in May.
Wasps are struggling to repay the £35m bond that was raised to help finance their relocation to Coventry in 2014 that was due in May. Photograph: PA Images/Alamy

The Premiership has been plunged deeper into crisis with Wasps suspended and moving to the brink of relegation after revealing they are set to go into administration. The move comes less than a week after Worcester’s fate was sealed, leaving the league two clubs down barely a month into the season.

Wasps’ match against Exeter on Saturday has been cancelled, in effect because they had run out of money to operate, and, as was the case with Worcester, they have been suspended from the Premiership. As per Rugby Football Union, relegation is expected to be confirmed when administration materialises “in the coming days” for one of England’s most storied clubs.

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