BusinessBusiness RecoveryMixed fortunes as rugby and footy clubs face winding up

Mixed fortunes as rugby and footy clubs face winding up

Four well-known sport clubs, including London Wasps, deal with winding-up orders

A SERIES of winding-up orders have been issued against well-known UK rugby and football clubs.

London Wasps was among four sport clubs that faced a winding-up order.

The Wasps’ order was dismissed, as the club had already made its payment to the tax-man.

Welsh Premier League football club Neath FC has been wound up at London‘s High Court following an order from Barclays. Neath Rugby club had faced a winding-up order from the tax-man a week earlier, which it managed to fend off. The two Neath teams share the same owner.

Ospreys Rugby Limited was also on the HMRC winding-up order list, but the order was adjourned. The Ospreys, which plays in the Pro12 rugby league, said the order was “being resolved”.

“In light of the discussions which have taken place … HMRC agreed to adjourn the hearing of the petition in significant advance of the hearing. Both parties are confident that all matters will be resolved shortly,” said an Ospreys statement on its website.

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