Gloucester have laid bare the extent of the financial crisis gripping English professional rugby, warning that the 147-year old club will go out of business within six months without a government bail-out.
Lance Bradley, Gloucester’s chief executive, has revealed to Telegraph Sport the full details of the financial woes, forecasting that the club will run out of cash before March following a predicted loss of revenue of £6.2 million due to the restrictions imposed by the Covid-19 epidemic.
The dramatic revelations come on another bleak day for the sport, with Peter Tom, the Leicester Tigers chairman, describing the new restrictions on crowds as a “disaster” that “threatens the future of the Premiership”.
Worcester owners Colin Goldring and Jason Whittingham, meanwhile, warned that playing matches behind closed doors for another six months was not “sustainable for this club nor for the Premiership as a whole”.
The chief executives of