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SBD Global/December 12, 2013/Franchises
London Irish Rugby Club Confirms Takeover Talks With London Irish Consortium Limited
Published December 12, 2013
The London Irish rugby club has confirmed that it is "in talks with a consortium regarding a potential takeover of the club," according to SKY SPORTS. The Aviva Premiership side has "entered negotiations with 'London Irish Consortium (2013) Limited'" and expects it to acquire a controlling shareholding in the club, and will hold a press conference on Thursday morning. The consortium is comprised of recycling and waste management company Powerday Chair Mick Crossan and PF Cusack Tool Supplies Ltd. Managing Dir Philip Cusack. Powerday has been Irish's headline sponsor since '11 and also lists former Exiles captain Bob Casey among its employees (SKY SPORTS, 12/11). The IRISH POST's Ronan Early wrote sources close to the club said that "the new owners want to maintain their Reading fanbase and are particularly keen to reconnect with London's huge Irish community." Moving the club's games back to the southwest of the capital "is seen as the logical way to achieve this." A transfer policy "where more Irish players are targeted is also likely" (IRISH POST, 12/11).