Overview

• London Irish Rugby Club has been purchased by a consortium led by Eddie Jordan, acquiring the club's intellectual property, brand, and rights but not its Hazelwood training base.
• The club went into administration in June 2023 with £30 million in unpaid debts after a failed American consortium takeover.
• The new owners plan to re-establish the team in professional rugby by 2026, potentially through the United Rugby Championship rather than the English league system.
• The consortium intends to introduce a fan ownership model and leverage the global Irish diaspora to strengthen the club’s Exiles brand.
• German businessman Daniel Loitz, a previous preferred bidder, withdrew his £20 million takeover bid citing instability and unexplained changes in negotiations.