London Welsh Look To New Era With New Owners

London Welsh RFC has confirmed reports that the petition presented to the High Court on Monday (5th) to wind up the club and place it into liquidation was dismissed. The club debt to HMRC over unpaid taxes having been settled. Coupled with this, the club also announced a return to financial stability with the recent signing of a Sale and Purchase Agreement for the acquisition of the club by a Californian based investment group, which is only subject to formal approval by the RFU. London Welsh Club chairman, Bleddyn Phillips, stated: “We are thrilled and very excited to be able to announce the …