The UK taxpayers face a potential loss of £29 million due to unrecovered Covid loans from failing rugby clubs, raising concerns over financial oversight.
Sir Geoffrey Clifton-Brown emphasized that despite some repayments, a more detailed recovery plan from the DCMS is essential for long-term management of loans.
The National Audit Office indicated that several borrowers were already financially unstable before the pandemic, suggesting a lack of due diligence in lending.
The future of clubs like London Irish, Wasps, and Worcester remains uncertain as they apply to return to the Championship despite outstanding debts.
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