London Irish: Eddie Jordan-led consortium buys club out of administration
The London Irish Rugby Club has been acquired from management by a consortium led by former Formula One team owner and businessman Eddie Jordan.
London Irishman was forced to withdraw from the Premier League due to unpaid wages in June 2023, and soon after Enter management The debt is about £30 million.
They lacked deadlines to make these payments or complete the acquisition and were penalized and therefore are not allowed to participate in any league at this time.
Jordan’s group, called “Jordanian accomplices”, is referring to “quick return” for professional competition.
It said: “The main goal of the new ownership is to return London Irish Rugby Club to the top of international professional club rugby with the aim of a quick return to top competition.”
“The team of Jordan colleagues will now turn their attention to the full rewards of the London Irish who work hand in hand with the London Irish supporter base.”
The Jordan Grand Prix F1 team competed between 1991 and 2005 and won four games between 1998 and 2003.
“We are very excited about the opportunity to turn the London Irish to new heights,” said Kyle Jordan colleague senior partner.
“Our investors bring not only financial support, but also a deep passion for rugby and commitment to the community, especially the desire to build a brand of exile with the Irish diaspora around the world.”
Jordan said he was in December Have been diagnosed Cancer that is “quite aggressive”.
The 76-year-old said he has bladder and prostate cancer, which has spread throughout the spine and pelvis.
Jordan was a regular expert on television when he had F1’s broadcast rights between 2009 and 2015.
