BusinessBusiness RecoveryO’Hara & Co administrators appointed to rugby’s Celtic Crusaders

O'Hara & Co administrators appointed to rugby's Celtic Crusaders

O'Hara & Co partners Simon Weir and Peter O'Hara are appointed to super league rugby club Celtic Crusaders

O’Hara & Co administrators have been appointed to Super league rugby club Celtic Crusaders.

Peter O’Hara and Simon Weir from O’Hara & Co were appointed joint administrators today.

The club issued a statement saying it had suffered financial difficulties and inherited “significant” debt, which had made the business untenable.

O’Hara said: “There was a high level of support and enthusiasm towards Super League rugby in its first season in Wrexham which exceeded the club’s expectations.

“We are currently pursuing a number of options and are talking to interested parties and the RFL [Rugby Football League] in the hope that a solution can be found to the club’s current difficulties, which would enable it to go forward and maintain rugby league in Wales.”

The club faced a winding up petition from HM Revenue & Customs for unpaid tax liabilities, however, the club claims it repaid the debt.

According to the BBC the club had seemingly dealt with its tax problem, however, it also faced legal action from the RLP over claims of missing pension payments to players.

 

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