Premiership
Club Statement | 12 October
Since filing a notice of intention to appoint administrators on 21st September, we have been working tirelessly to secure the long-term future for Wasps Holdings Limited, and all of the organisations and clubs that sit within the Group.
Negotiations to secure deals that will allow the Men’s and Women’s rugby teams, netball team and the arena and associated business to move forward are ongoing. However, it has become clear that there is likely to be insufficient time to find a solvent solution for the companies within the group, and it is therefore likely that they will enter into administration in the coming days with a view to concluding deals shortly thereafter.
While the companies within the Group all represent strong and viable businesses, the reality is that they have insufficient cash at this time to continue to fund operations until these complex negotiations have concluded. We have therefore been asking potential funders and investors to provide bridging finance to provide enough time for a solvent solution to be found. Regrettably, this has not been possible to date, although we will continue to pursue this until the very last opportunity.
In light of the current situation, we have therefore taken the decision to withdraw the Wasps Men’s team from this Saturday’s league fixture against Exeter Chiefs. This was an extremely difficult decision to make and we recognise that this will not only impact on our players, staff and supporters, but also Exeter Chiefs and the wider rugby community. However, we strongly believe it is the right course of action when, at this time, we are unable to meet our regulatory requirements in the absence of fully concluded deal negotiations.
We understand that this news will be disappointing and concerning for everyone involved. Our immediate focus will be on ensuring that all of our players and the staff of Wasps and the arena are fully updated and given the support they need.
While these are challenging times, we remain confident that new owners will be found that will allow the clubs and businesses within the Group to move forward.
We will not be making any further statement at this time.
Content & Images from – Wasps Rugby
Sale Sharks have agreed a deal to sign Fiji captain Waisea Nayacalevu from French Top14 side Toulon.
The explosive centre, who starred for his country during the recent World Cup, has signed a one-year contract with an option for a further year.
He will join up with Alex Sanderson’s Sharks squad ahead of the start of the 2024/25 Gallagher Premiership season.
Waisea, 33, said: “I’ve watched the Premiership for a long time and it’s always been in the back of my mind that I would love to play there one day and experience rugby in England.
“Now that opportunity has arrived and I’m really, really happy and grateful. I’m so excited to get over there and join the boys and see how I can contribute to the team.
“I have spoken to Telusa Veainu and he only has positive things to say about the club and about Manchester.
“I’m looking forward to playing with some of the guys I’ve played against, like Tom Curry and George Ford. But I also know there are a lot of really talented young players in the Sale Sharks squad and I’m excited to share my experience and help them develop as much as I can.
“I told Alex that it’s what I’ve been doing for the last few years of my career and it’s something I’m passionate about.”
Nayacalevu, who stands at 6’4” and weighs in at 16st 7lb, spent ten years at Top14 side Stade Français before making the switch to Toulon in 2022.
He has won 34 caps for Fiji, slotting in at both centre and on the wing, and captained his country at last year’s World Cup, where the Pacific Islanders made the quarter-finals, losing 30-24 to England in Marseille.
He also famously scored for Fiji in their memorable pre-World Cup win against England at Twickenham.
Images & Content from Sale Sharks Rugby
Phil Brantingham to join Saracens
Prop-forward Phil Brantingham will leave Newcastle Falcons in the summer to join Saracens.
The 22-year-old has played 25 games for his home town club, and leaves with the thanks and best wishes of everyone at the Falcons.
Chairman of rugby Matt Thompson said: “Phil has done well for us and we made him a good offer to stay here.
“We respect his decision and wish him all the best for his move in the summer, but between now and then he will be fully committed to finishing the season strongly for Newcastle Falcons.”
Source – Newcastle Falcons Rugby
Sale Sharks can confirm that forward Cobus Wiese will leave the club at the end of the season to return to South Africa.
The 26-year-old lock has played almost 80 games for the club and scored five tries since joining from the DHL Stormers ahead of the 2020/21 season.
He played a key role last year as Sale reached the Premiership final, and this season he has featured a further 13 times for Alex Sanderson’s side.
Alex said: “Cobus will be missed by all of us on so many levels. He’s the most polite and courteous of people off the field, but the most wildly excitable man on the field, and on a night out.
“To say Cobus wears his heart on his sleeve is to do him a disservice with regards to his emotional commitment for which his body has paid the price on occasion.
“He leads by example and has earnt the respect and adoration of the group both on a professional and a personal level. We wish him every success and happiness with his move back home.”
Everyone at Sale Sharks would like to thank Cobus for his contribution to the club and the team during his time here and we wish him all the very best for the future.
Images & Content from Sale Sharks Rugby
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