Ex-Worcester Warriors boss Steve Diamond is at the head of one of the two main consortiums looking to take over the financially troubled club.
The 54-year-old, who has financial backing from two as yet unnamed investors, has recruited former Leicester CEO Simon Cohen as part of his takeover team.
“My goal is a sustainable business able to compete back in the Premiership within three or four years,” he said.
“Sixways Village is what we will call the business if we’re successful.”
Diamond added: “Simon has been very helpful to me with the experience he has of building a hotel when he was at Leicester
“But, for those who think this sounds like a property deal, that is vastly secondary to what we plan to evolve over the next two to five years.”
PREMIERSHIP CLUBS RANKED BY TOTAL DEBT:
#13. Exeter Chiefs – £13m
#12. Gloucester – £27m
#11. Northampton Saints £26.5m
#10. Worcester Warriors – £26.5m
