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A new era: English club revived after financial woes

NEWS: Worcester Warriors will return to professional rugby next season.

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On Thursday, the Rugby Football Union revealed that the club will be included in a new 14-team Tier two league in England.

The Warriors were placed in administration in September 2022 and subsequently suspended from all competitions by the RFU.

At the time, the club was burdened by debts totalling more than £25 million ($26.5 million), including at least £6 million in unpaid tax.

However, a takeover by Junction 6 Limited in 2024 has been pivotal in the recovery of the stadium operations at Sixways and the return of the club itself.

The story continues below…

The new owner bought the rugby assets from the administrator of the insolvent entity, and brings with it exciting new plans, as well as seeing the game strengthened in the West Midlands.

The new Tier Two league will include all 12 current Championship clubs, the promoted National League 1 club (subject to meeting the league’s Minimum Operating Standards) and Worcester.

“In 2024 it became necessary for us to take over the freehold interests of the stadium and the Warriors,” said Worcester owner Christopher Holland.

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“That process has been challenging and rewarding in equal measure, and we have now made significant progress in stabilising the Sixways business as well as successfully navigating the detailed and demanding application process for entry of the club into the second tier of professional rugby in England.

“After careful consideration we chose to make the application to the new league under the name Worcester Warriors, a club founded in 1871, to preserve its history and legacy.

“As a result, even though we applied as a new non-league entrant, we are required to settle rugby creditors as defined by the RFU Regulation 5.

“We acknowledge and fully own this process and the responsibility that comes with it.

“Had we opted to restart at the bottom of the rugby pyramid, as others have before us, the obligation to settle rugby creditors would have been removed.

“However, with the clear intent of investing and developing the future of rugby in the region, and to create opportunities and pathways within the sport, we have taken full responsibility for addressing these inherited obligations.

“We now enter a defined period in which to provide financial guarantees, and to identify, validate, and agree all inherited rugby creditors.

“The completion of this process is the key to success and requires the collective support of all involved. We are committed to resolving this swiftly.”

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