Premiership club owner willing to give club away for NOTHING
Rugby NewsFriday, 14 October 2022 at 14:39
London Irish owner Mick Crossan has revealed to the Mail Online that he is ready to give the club away for NOTHING after almost a decade of ownership.
Even prior to the Wasps and Worcester going into administration, Crossan had been looking to sell the Exiles.
"If anyone's looking to buy a rugby club with its own training ground and P shares then they don't even have to buy it"' said Crossan.
He added: "I'll give it to them as long as they fund it.
"When I got involved, my motive was to keep London Irish as a club. Otherwise they could have ended up becoming Swindon Irish. They're back in the heartland of London now, so I've done what I set out to do and hopefully secured the future of the club.
"If someone wants to take the mantle over then they're more than welcome. There's a good deal to be done. We want someone genuine with good governance. It's not about money. It's about continuity.
"For me, at my age, it's most probably the right time for me to say that I've done what I set out to do. I think I've done my bit. The club is on a good footing, with a great academy."
PREMIERSHIP CLUBS RANKED BY TOTAL DEBT:
#13. Exeter Chiefs - £13m
#12. Gloucester - £27m
#11. Northampton Saints £26.5m
#10. Worcester Warriors - £26.5m
Worcester Warriors flags fly in support of the club as they go through difficult times. during the Gallagher Premiership Rugby Match between Worcester Warriors and Exeter Chiefs at Sixways on 18 Sept 2022 Photo: Phil Mingo/PPAUK
#9. Sale Sharks - £30.9m
#8. Leicester Tigers - £31m
Guy Porter of Leicester Tigers during the Gallagher Premiership Rugby Semi Final Match between Leicester Tigers and Northampton Saints at Mattioli Woods Welford Road on 11 June. Photo: Tom Sandberg/PPAUK
#7. Harlequins - £33.7m
#6. London Irish - £37.5m
#5. Bath - £37.3m
#4. Newcastle Falcons - £39m
#3. Saracens - £40.8m
#3. Bristol Bears - £51.2m
#1. Wasps - £112.3m
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