Northern Edition
Select Edition
Northern Northern
Southern Southern
Global Global
New Zealand New Zealand
France France

London Irish poised for update in takeover saga - report

London Irish/ PA

London Irish’s prospective investor Daniel Thomas Loitz is set to provide fans with a “significant update” on his takeover bid of the former Gallagher Premiership side, according to Sky Sports. 

ADVERTISEMENT

Loitz, a German investor who is director of investment firm Hokulani Ltd, has been in talks with London Irish about a potential takeover of the club, who went into administration in June 2023 and were subsequently suspended from the Premiership.

Sky Sports have reported that Loitz has described these talks as “positive”, and will address fans on Wednesday evening with a “positive update”.

Video Spacer

Damian de Allende talks about the plaudits heaped on him by his teammates

Video Player is loading.
Current Time 0:00
Duration 2:02
Loaded: 0.00%
Stream Type LIVE
Remaining Time 2:02
 
1x
    • Chapters
    • descriptions off, selected
    • captions off, selected
    • en (Main), selected
    Video Spacer

    Damian de Allende talks about the plaudits heaped on him by his teammates

    Loitz will provide the update via video call as the Exiles look to be taking another step towards playing again.

    The club will be eyeing a return to the revamped second division in English rugby in 2025, with the RFU confirming in April that the league will expand in numbers.

    Fixture
    Internationals
    Japan
    17 - 52
    Full-time
    England
    All Stats and Data

    While there was nothing concrete as to who will fill those vacant places, with more meetings set to take place, an RFU statement did provide hope to stricken clubs.

    The statement read: “The RFU council approved the principle that tier two will comprise 14 clubs for season 2025/26. Between the April and June council meetings further modelling around 12, 14, and 16 club league structures, balancing commercial and performance with player welfare, will take place.

    ADVERTISEMENT

    “The precise mechanism for the selection of additional clubs will be worked on and presented at the June council meeting.

    “Whilst a 14-team structure is preferable at this stage, a 16-team option is considered to be an aspirational goal for the league’s growth and development, and additional work is required to assess the future optimum number. Further recommendations will be brought to the June council meeting.”

    Related

    ADVERTISEMENT

    KOKO Show | July 22nd | Full Throttle with Brisbane Test Review and Melbourne Preview

    New Zealand v South Africa | World Rugby U20 Championship | Extended Highlights

    USA vs England | Men's International | Full Match Replay

    France v Argentina | World Rugby U20 Championship | Extended Highlights

    Lions Share | Episode 4

    Zimbabwe vs Namibia | Rugby Africa Cup Final | Full Match Replay

    USA vs Fiji | Women's International | Full Match Replay

    Tattoos & Rugby: Why are tattoos so popular with sportspeople? | Amber Schonert | Rugby Rising Locker Room Season 2

    Trending on RugbyPass

    Comments

    0 Comments
    Be the first to comment...

    Join free and tell us what you really think!

    Sign up for free
    ADVERTISEMENT

    Latest Features

    Comments on RugbyPass

    LONG READ
    LONG READ Mick Cleary: 'The soul was not lit up by underwhelming Lions first Test' Mick Cleary: 'The soul was not lit up by underwhelming Lions first Test'