sport news Worcester Warriors owners have created THIRTEEN companies with links to the ... trends now
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The owners of crisis club Worcester Warriors have created a complicated web of 13 companies with links to the club since joining the board of directors in 2018.
In recent months, Colin Goldring and Jason Whittingham have used parts of the network to transfer ownership of the club’s major assets.
Last week it was revealed the pair have lawfully carved off Worcester’s money-making elements into one of the separate companies, Sixways Stadium Limited, leaving the rugby club to operate separately. The new company will retain all of the club’s matchday, hospitality and sponsorship income.
The Worcester Warrior owners have created separate 13 companies with links to the club
Colin Goldring and Jason Whittingham have used the network to transfer ownership assets
Sixways Stadium Limited — set up by Whittingham and Goldring in June — is described on Companies House as ‘other letting and operating of own or leased real estate’. The company took out two loans last month with the English Sports Council, meaning the Council was required to sign off on the changes.
There is no suggestion that the directors have breached any laws or regulations, but creditors