Post subject: Re: London Irish in Initial Plough Lane Talks
Posted: Wed May 03, 2023 8:28 pm
BigTime
First Team Player
Joined: Jul 24 2021 Posts: 2230
Deadcowboys1 wrote:The Hughes version of Omertà is still very baffling. Clearly not a believer in information is power. Unless of course it's about him keeping all the information to himself. Another season aimlessly drifting by it seems.
I’m still waiting for that update on Curran and Situ that was promised! I’m going out on a limb and gonna say they’ve left the club!
Post subject: Re: London Irish in Initial Plough Lane Talks
Posted: Wed May 03, 2023 8:33 pm
BigTime
First Team Player
Joined: Jul 24 2021 Posts: 2230
Torbreck wrote:According to the Times online "London Irish could follow Wasps and Worcester into financial meltdown - Gallagher Premiership club failed to pay their players and staff last month".
"London Irish are at risk of following Worcester Warriors and Wasps into financial meltdown after players and staff failed to receive their April salaries.
The American consortium involved in takeover talks with the Gallagher Premiership club informed all employees in a meeting on Friday that their money would not be paid on time.
A follow-up email was sent on Sunday with assurances that confirmation of payment would be received by Monday evening in the UK, once the banks in the United States had opened for business. But it was an empty promise. By the close of business on Tuesday, players and staff had still not been paid, raising an all-too-familiar red flag.
London Irish, who have £30 million of debt, are the third Premiership club this season to find themselves in this situation. Worcester and Wasps both went bust before Christmas and dropped out of the Premiership."
It's a lengthy article and behind a paywall so I won't link to it or copy & paste the whole thing. There's no mention of the possible AFC Wimbledon deal.
All a bit of a mess. Feel sorry for AFC got back to their spiritual home on an upward trajectory then got involved with Broncos Immediate relegation followed by a narrow avoidance of a further drop. LI may not have a pot but can AFC risk being saddled with us for much longer. We’re becoming a Jonah.
Post subject: Re: London Irish in Initial Plough Lane Talks
Posted: Tue May 30, 2023 8:58 am
Victor
Club Captain
Joined: Jul 21 2020 Posts: 732
London Irish are almost certain to be kicked out of the RFU tomorrow. The London Irish to Plough Lane rumours must surely be dead. Irish players are scrambling for new clubs, it may be that some will be open to playing for us. As there is little room in Union Clubs for additional players. I must also say that. For better or for worse, whatever you think. I was told at the weekend fro a good authority that we will certainly play at Wimbledon next season.
Post subject: Re: London Irish in Initial Plough Lane Talks
Posted: Tue May 30, 2023 9:13 am
Deadcowboys1
International Star
Joined: Dec 29 2010 Posts: 2019
Victor wrote:London Irish are almost certain to be kicked out of the RFU tomorrow. The London Irish to Plough Lane rumours must surely be dead. Irish players are scrambling for new clubs, it may be that some will be open to playing for us. As there is little room in Union Clubs for additional players. I must also say that. For better or for worse, whatever you think. I was told at the weekend fro a good authority that we will certainly play at Wimbledon next season.
Don't know about the Wimbledon bit but it would appear a miracle of epic proportions is required if LI are to find the funding the RFU are demanding by tomorrow. Looking like they will follow Worcester & Wasps.
Post subject: Re: London Irish in Initial Plough Lane Talks
Posted: Tue May 30, 2023 6:07 pm
orangeman
First Team Player
Joined: Mar 21 2021 Posts: 1721
jbuzza wrote:Seems LI will be given another week to close out their supposed takeover.
The Exiles have been very quiet to their members about all of this. The current owners can afford to keep them afloat but have lost faith in the premiership ability to grow interest in fans. Like Hughes, Crossan is loathe to spend on marketing and expected to fill the Gtec stadium.....he wants his loans back and the new owners don't want to take on that debt, so he's offered to plough the pro club into the ground making it worthless. The amateurs, will never be short of cash and would slowly build the club up again if need be, but the RFU and the owners in Union are the architects of their own troubles.
Post subject: Re: London Irish in Initial Plough Lane Talks
Posted: Sat Jun 03, 2023 3:37 am
orangeman
First Team Player
Joined: Mar 21 2021 Posts: 1721
orangeman wrote:The Exiles have been very quiet to their members about all of this. The current owners can afford to keep them afloat but have lost faith in the premiership ability to grow interest in fans. Like Hughes, Crossan is loathe to spend on marketing and expected to fill the Gtec stadium.....he wants his loans back and the new owners don't want to take on that debt, so he's offered to plough the pro club into the ground making it worthless. The amateurs, will never be short of cash and would slowly build the club up again if need be, but the RFU and the owners in Union are the architects of their own troubles.
And now the taxman has come knocking. I do believe it is game over for the Exiles and therefore the Broncos can continue to bleed to death at Cherry Red!
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