The American-based medical firm concerned within the unique bid to rescue Worcester Warriors from administration has condemned the most recent improvement within the troubled Sixways membership’s possession battle.
Whole Compliance Options (TCS) stated followers “are proper to be very involved” at a brand new consortium known as Junction 6 Ltd taking on possession of the stadium, related chattels and the Warriors’ model.
TCS additionally declare that former Warriors homeowners Jason Whittingham and Colin Goldring stay concerned, though each have strenuously denied this, saying that the TCS assertion was “ridiculous and might’t go unanswered”.
Together with Jim O’Toole, James Sandford and Atlas Sportstech, TCS had been 3% shareholders when Atlas Worcester Warriors Ltd had been introduced in February 2023 by directors Begbies Traynor as the popular bidders.
However, when Atlas did not repay a mortgage by the due date in Could 2023, Loxwood Holdings – owned by Chris Holland, the proprietor of fellow defunct Premiership membership Wasps – turned 97% homeowners by default.
Ten months later, Loxwood then put Atlas right into a pre-pack administration on 26 March, re-emerging that very same day beneath the identify of Junction 6, an organization completely owned by Holland’s Loxwood.
