Worcester owners agree terms on sale of club

Worcester Warriors owners have reached terms with the sale of the club to an interested party.

The club recently were served a winding-up petition by HMRC over unpaid tax which is expected be in the tune of £6m apart from a £14m Covid loan sanctioned by the Department for Digital, Culture, Media & Sport during the Covid pandemic.

The new agreement will mean there will be an immediate cash injection into the club which would mean their first home game of the season against Exeter Chiefs on Sunday could go ahead without any hindrance.

"We have been working closely with the interested party on the immediate deposit of significant funds which will allow Sunday's Gallagher Premiership match against Exeter Chiefs at Sixways and Saturday's Allianz Cup tie between University of Worcester Warriors and Harlequins to go ahead as scheduled," read a statement from co-owners Jason Whittingham and Colin Goldring.

"We will provide a further update both on the sale of the club and this weekend's matches on Wednesday."

The Warriors started the 2022/23 season with a 14-45 defeat against London Irish on Saturday.