Jersey Reds was a rugby union club based in Jersey, Channel Islands. On 28th September 2023, the club ceased trading and shortly thereafter went into liquidation following the withdrawal of financial support from a key investor. From Wikipedia
The initiative, set to start in the 2025-2026 season, aims to improve player development and welfare, while potentially allowing clubs like Wasps, London Irish, Worcester and Jersey Reds to return to professional rugby.