John Wynn Davies and David Hill, partners at the Cardiff office of Begbies Traynor, have been appointed joint liquidators to Gowerpark, which owes in excess of £750,000, including £157,000 due to the Welsh Rugby Union, £223,000 due to the Inland Revenue and £134,000 due to Customs and Excise.
Directors at the club blamed its insolvency on a combination of a severe reduction in funding from the Welsh Rugby Union following the game’s restructuring earlier this year, and high players’ contracts.
The Club employed 40 permanent staff including 37 players along with over 47 temporary staff on match days.
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children