Reds cease trading with wages for September unable to be paidChampionship winners point finger over uncertainty of league
English rugby’s financial crisis deepened on Thursday with Jersey Reds announcing they have been forced to stop trading and are on the verge of being wound up.
The club won the Championship last season and were due to play Cornish Pirates in the Premiership Rugby Cup on Friday, but said they have been forced to cease trading with no prospect of resuming unless fresh investment is urgently found.
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