Wasps have followed Worcester’s lead by becoming the second Gallagher Premiership club to confirm ongoing dialogue with Her Majesty’s Revenue & Customs.
“We have a strong relationship with HMRC,” said a Wasps statement.
“In common with many businesses, we agreed a time-to-pay arrangement with HMRC coming out of Covid-19 lockdown.”
The statement added: “We will continue to engage in proactive discussions with them.
“Many companies and business sectors are in exactly the same situation after the most economically challenging two and a half years in living memory.
“Individual businesses in leisure, sport, entertainment, conferencing and hospitality have been hit particularly hard and we are involved in all five of those sectors.
“We have a robust business model with a busier than ever order book for concerts, conferences, exhibitions and other events which will see us prosper into the future.”
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Wasps confirm 11 departures as financial woes continue
The club confirmed that 11 players would leave the Ricoh Arena at the end of last season with over £1m of talent walking out of the door..
Check out their full list of departures below.
#1. Thomas Young (Cardiff)
https://twitter.com/BBCScrumV/status/1448215525511806978#2. Marcus Watson (Benetton)
Watson has represented Wasps 68 times during his time with us and contributed a huge 100 points to the scoresheet. Marcus has been invaluable to the squad both on and off the pitch.
Embed from Getty Images#3. Rob Miller
Miller made his debut for Wasps against Saracens in the 2014/15 season. Miller has made 134 appearances and scored 223 points for the Club during his time with Wasps.
Embed from Getty Images