London Irish Rugby Club has been bought out of administration by a consortium led by Eddie Jordan, a former Formula 1 team owner. The club faced financial difficulties, entering administration with debts of around £30 million, leading to their exclusion from the Premiership and all league play. The new ownership under 'The Jordan Associates' aims for a rapid return to competitive rugby, emphasizing community engagement and support from the global Irish diaspora to revitalize the club's brand and operations. This initiative comes amid Eddie Jordan's personal health challenges with severe cancer.
The primary goal of the new ownership is to return London Irish Rugby Club to the pinnacle of international professional club rugby, aiming for a swift return to top-flight competition.
We are incredibly excited about this opportunity to steer London Irish towards new heights. Our investors bring not just financial backing but a profound passion for rugby and a commitment to the community.
After entering administration with debts of about 30m, London Irish were punished for missing payments, currently not allowed to play in any league.
The Jordan Associates team will now turn its attention to negotiating a full and sustainable return for London Irish to competitive rugby, with the support of its supporters.
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