Wasps Rugby Football Club has been forced to issue a denial after rumours
circulated suggesting the club was facing a winding up petition from HM Revenue
& Customs over a £1m tax bill.
on the club’s website from owner Steve Hayes said: “We remain very confident in
the future of London Wasps both on and off the pitch. There is no winding up
petition and I am surprised by these reports given we already have an agreement
in place with HMRC.
“We have enjoyed great form recently and look forward to a hugely exciting St
George’s Day fixture at Twickenham on Saturday. The short and long term
prospects at the Club, including development of a new stadium, are very exciting
and show the good health of London Wasps.”
Accounts for the year to May 2009 show the club lost £2.6m on a turnover of
The last significant rugby club to enter administration was
in 2008 with Moore Stephens. Net debt was reported at £6.7m.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
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