STEVE Diamond has entered the frame to save Worcester Warriors after outlining his plan to buy the rugby club.
During a press conference on Thursday, October 27, Diamond confirmed he would be leading the company named 'Sixways Village' in attempting to buy the club out of administration.
The bid will be backed by two local investors but their names will remain private until they are successful with their bid.
Diamond will be the CEO of the company and has brought in Mike Blood and Simon Cohen as his non-executive directors.
The aim of the company will be to to bring Premiership rugby back to Worcestershire in the next "three or four years".
Steve Diamond: “I want Cecil Duckworth’s legacy has to be maintained. We need rugby people to take this club forward again. This city and region needs good news, they will put up with growth and development.” #COYW https://t.co/kC6EV4aeio
— Marcello Cossali-Francis (@Mcossalifrancis) October 27, 2022
Diamond confirmed he is prepared to accept and embrace relegation to the second-tier Championship if his bid is successful and believes Warriors will enhance the competition.
He also confirmed that a 'buddy system' would be adopted, with Worcester working in cahoots with Gallagher Premiership clubs Bath Rugby, Sale Sharks and Leicester Tigers to utilise player pools and develop younger talent.
Warriors were suspended from all rugby and condemned to relegation after the club was placed into administration at the back end of September.
READ | Warriors' women's side will return to action this weekend
That was followed in early October by the company that employed all staff and players being liquidated in court over an unpaid tax bill in the region of £6 million pounds.
Players and staff therefore had their contracts automatically terminated and since then, no less than 27 players have moved onto new clubs.
But after months of uncertainty and gloom, Diamond now officially joins the duo of Jim O'Toole and James Sandford in going public with his plan to purchase the Warriors.
Diamond suggested that a buyer would be confirmed by the end of November either way but is hopeful he will be successful.
“I have done this before at Sale, I am a rugby man with business ideas,” he said.
“Whoever is fortunate to be successful, has to have the right credibility behind them. They have to have the skillset to get the rugby right over the next three four years to get the club back in the Premiership.
“But has to also have the business knowledge to know the feel for what we are doing.
“For us to be successful, we need the buy in from creditors, local community and local rugby clubs.
“The decision has to be what is best for creditors and then the business going forward.”
Diamond also referred to the legend that is Cecil Duckworth, stating his legacy as being imperative for him also.
“I want Cecil Duckworth’s legacy has to be maintained,” he added.
“We need rugby people to take this club forward again.
“This city and region needs good news, they will put up with growth and development.”
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel