BusinessBusiness RecoveryRotherham awaits liquidation decision

Rotherham awaits liquidation decision

Rotherham is appealing to the Rugby Football Union not to cut a lifeline thrown to the club by a local consortium hoping to help it to avoid liquidation.

Link: Relegation sends Rotherham into liquidation

The RFU must ratify the proposal, under which £500,000 raised by groups ranging from the local council to the club’s supporters would be used to buy its assets.

The Guardian reported club captain Jacob Rauluni as saying any refusal to agree the proposal would be a ‘black mark’ against the RFU.

Jacksons Joliffe Cork, licensed insolvency practitioners of Wakefield and McCormack solicitors, who are acting for the club, will also be nervously awaiting the RFU’s decision, which is due on Wednesday.

Rotherham’s directors had previously set a date of 16 September for the club to enter into liquidation.

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