DCMS issue insolvency threat to rugby clubs over Covid-19 loans Sport Business Rugby clubs have been warned after the Department of Culture, Media and Sport (DCMS) said it “wouldn’t hesitate” to use “all financial levers” available to recover loan payments owed by sports organisations from the pandemic. Those powers could see the government department aid in forcing insolvency on sports clubs to ensure the taxpayer recoups the [...]
DCMS fear rugby future as £30m in taxpayer loans expected to be written off Sport Business The government could be forced to write off nearly £30m of taxpayers’ money loaned to sports bodies, clubs and the arts during the Covid-19 pandemic. The figures, revealed today by the National Audit Office, provide a stark update on the £474m aid package provided by the Department of Culture, Media and Sport. Rugby union was [...]
Wasps step closer to new Kent home and Championship spot Sport Business Two-time European champions Wasps moved a step closer to reviving their defunct rugby club after they secured land in Kent for a new stadium. The site in Swanley has been acquired on a 10-year-option and could be used to build a new stadium in the south east of the country after the club were one [...]
Premiership rugby: Top four race shows product deserves off-pitch stability April 21, 2024 When Joe Carpenter won an 82nd minute turnover against the run of play to hand his Sale Sharks side a 37-31 victory over Harlequins, it catapulted the Mancunians from eighth into sixth in the Premiership table and reduced the deficit to the play-off spots to just three points. With Northampton Saints five points clear of [...]
