Wasps set to enter administration

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Wasps set to enter administration
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Wasps have withdrawn from Saturday's English Premiership rugby game against Exeter with the cash-strapped club 'likely' to enter administration within days.

Wasps have withdrawn from Saturday’s English Premiership rugby game against Exeter with the cash-strapped club “likely” to enter administration within days.

“It is therefore likely that they will enter into administration in the coming days with a view to concluding deals shortly thereafter. Former Newcastle United owner Mike Ashley is among those rumoured to be among the interested parties looking to buy the club. Worcester’s players and staff have had their contracts terminated with the club set to be relegated from the Premiership after being suspended for the rest of the campaign.

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