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London Irish poised for update in takeover saga - report
By Josh Raisey
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.
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".
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.
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.
“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."
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Latest Comments
It could just be they got their international shot, and developed when they did, sure.
But Brad shields was soft as butter before he left, that’s why he was never going to get more than a few injury replacement caps for the ABs.
Much, much better player for his time up north.
Go to commentsI think Leinster had a plan to win both matches.
The defensive pressure was impressive and it made things hard for sharks with the greasy ball. That’s not an academy team though, a lot of those guys have two SA tours under their belt and a load of Leinster caps. There were a few new caps but so few as to not effect the system. Gunne was a first start but he has had a good few appearances and is a talent in play and attitide.
Sharks reaction to some early errors seemed to shout “Here we go again”.
As good as Leinster played and as hard as they made it, I assumed that Sharks would have the quality to find a way. Leinster slowed the rucks just enough to cause Sharks some issues and overruns etc.
The great Eben Etzebeth was missing and he is clearly great in motivating and driving a team as well as in play. Some thing more than Etzebeth missing. The Leinster players not playing today will be cheering and sucking energy from that performance as much as if they were there. That’s the spirit in the club. Anyone can see how bonded and loyal Snyman, Barrett and Slimani are in a small period of time. I think Leinster have a special setup up there, but Sharks are definately below average in belief, confidence and spirit based on Saturday.
Obviously a straight forward kick for a draw was available at the end but I don’t think that would have been acceptable and Sharks must go for the win at home.
Note: Zebo said in coverage that if Erasmus has the reigns with Sharks they would be no1 in URC and Champions Cup ‘By a distance’. I don’t agree with that ofcourse but in between sucking up to Erasmus he is clearly pinpointing what he believes is a coaching issue.
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