THE OWNERS of Worcester Warriors say they will continue to pump money into the club despite being relegated from England’s top division.
Warriors are set to face a year in the Championship after they finished the season at the bottom of the Aviva Premiership table.
But bosses at the club have reassured fans of its financial situation, with the announcement last Friday (May 9) they were poised to secure further funding from Sixways Holding Limited (SHL).
Greg Allen, who represents SHL, which controls the club, on the board, described relegation as a “blip” and he said they will invest in the first team squad, support staff and the club’s new academy, which will be up and running in September.
“We feel the club is in a far better position than it was a year ago,” he said. “We will have a younger, stronger squad next season with a larger, more experienced coaching and support team and a new academy in place.
“There has been significantly more investment this year than ever before, and there will be more investment next year despite being in the Championship.”
Mr Allen also appealed to supporters to continue to back the club as he believed there were “exciting times” ahead for Warriors.
“We realise that being a Warriors fan hasn’t been easy during these last few years but we hope that all the loyal supporters will stick by the club,” he added.
“The club has started a new journey and we’re very confident that, with Dean Ryan at the helm as well as the additional investment, we will see Warriors become a title-challenging Premiership side in the future.”
Interim chief executive Anthony Glossop said they were “fortunate” to have the support of Sixways Holding Limited, which have also committed to enhancing rugby in the community, and he told the Observer there would be no job losses at the club.
“Our losses will be larger because our attendances and prices will be down in the Championship,” he said.
“But fortunately Sixways Holding Limited has said that not only am I prepared to back the lower revenue streams, we are prepared to back the investment of this club, which is very rare.
“We were totally realistic that relegation was on the cards and we said to ourselves if we go down we are going to keep the structure of the place intact.
“We did not plan to go down, but at least we have gone down with a plan to bounce back and a commercial plan alongside that whereas last time it happened we said ‘right, we’re down, what does that mean? And that’s when you start worrying about cutting man power.”
For more on the future at Warriors turned to the sports section.