Austria Holdings

  • Scrumsmart in Austria

     Over 100 players from four different countries attended a session of Scrumsmart at the inaugural Rauris International Rugby Festival near Salzburg in Austria. The festival, the brainchild of Rhino Rugby director and former Great Britain rugby league team manager, Abi Ekoku, was sponsored by Austrian Chalets. It featured various sides from the host nation, including an Austrian development squad, which played an international invitation XV. A women’s tournament was held for sides from Aust...

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  • Salford ground back on track

    The Salford Reds’ new stadium is back on track after administrators Begbies Traynor agreed for the land to be placed back in the club’s control after the conclusion of the voluntary administration process of Red City Developments. With the position regarding Red City now finalised, control of the development land has now passed to Peel Holdings - the club’s preferred developer partner - who will now proceed to finalise the project in readiness for work on the stadium to commence. The new r...

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  • Mark Sinderberry - Saracens

    Mark Sinderberry has left his position as chief executive of Guinness Premiership club Saracens to pursue further career opportunities. Edward Griffiths, who was CEO of Saracens umbrella company Premier Team Holdings, has taken over the role at Saracens. Club owner Nigel Wray explained: “Edward has huge experience within rugby, having been CEO of South African Rugby during their World Cup win in 1995 and, more recently, on the country's bid for the 2011 World Cup. “Edward has been working wi...

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  • Salford closing in on bailout deal

    The Salford City Reds are close to sealing a deal for a £1.5 million bailout and hope it will be finalised at a council meeting early next week. The latest plans to rescue the struggling Super League club, which was handed a winding-up petition in October as a result of unpaid bills, will be considered by the cabinet at Salford City Council on Tuesday. A loan facility of up to £750,000 will reportedly be pledged by the council and the rest contributed by Peel Holdings, with the board of direct...

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  • Sale Sharks Make £800k Loss On Improved Income In 2016-17

    Manchester Sale Rugby Ltd, the company that runs Premiership side, Sale Sharks has reported a pre-tax loss of £818,000 for the year ending July 31st 2017, the first full year results after the acquisition of the club by Corpacq from Brian Kennedy in June 2016. The company’s income was up 11.4% from the previous year at £8.3m. In season 2016-17 the cost of wages and salaries grew at a greater rate than the increase in revenue. The company is wholly owned by Sharks Holdings Ltd whose registere...

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  • Leicester Tigers Renew Goldsmiths Partnership

    Leicester Tigers have renewed their sponsorship deal with UK Jeweller Aurum Holdings Limited, which owns Goldsmiths, for a further three years. The firm will retain the naming and branding rights to the Goldsmiths Stand at Welford road as a result and will also remain as the official time sponsor during that period as well as sponsor the player of the month award and host showcase events alongside the club. Justin Stead, CEO of Aurum Holdings, said: “This continues to be a very exciting pa...

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  • Potential Takeover "Stalled" at Wasps

    The board of London Wasps Holdings Limited have provided the following update on the on-going Club sale process: Following the decision by Wycombe District Council last July to withdraw its support for a new Sporting Village and Stadium for London Wasps, the Club has been searching for new investment and subsequently new owners. The board is disappointed to confirm that negotiations, which had been leading towards an imminent takeover of the Club, have stalled. The board, having taken independe...

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  • Crossan Completes London Irish Takeover

    London Irish have confirmed that a London-based consortium of Irish businessmen led by Mick Crossan has bought a majority shareholding in London Irish Holdings plc.  London Irish Holdings plc is the parent company of London Irish Scottish Richmond Limited and also manages other companies, including the one that owns and will eventually operate the club's new centre of excellence complex at Hazelwood in Sunbury on Thames. Crossan, who is executive chairman of Powerday plc, the waste manag...

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  • Exiles Increase Turnover

    London Irish Holdings Ltd today announced full year trading results for the financial year ended 30th June 2011.   • Turnover for the period increased by 9.2% to £8.24m (2010: £7.55m) • Administration costs decreased 2.4% to £7.86m (2010: £8.05m) • Operating Losses for the year decreased 49.3% to £1.06m (2010: £2.09m) • Cash outflows from Operating Activities reduced by 67.2% to £813k (2010: £2.48m)   Commenting on the results, Andy Martin CEO, said: “we have been working ext...

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  • Potential Buyer Named As Salford Get Stay Of Execution

    Salford City Reds fans have been given hope that a takeover will be completed soon after Dr Marwan Koukash was named as a potential buyer just hours after the club’s winding up hearing was adjourned until 4 February. Dr Koukash, who was born in Kuwait but has lived in Liverpool for the past 30 years, has made most of his money from property development but now has around 100 horses in training and his interest was the main reason that the case was put on hold. The club has confirmed that “al...

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